Tesla and SpaceX have established independent-director committees to evaluate a potential merger between the two companies. Both organizations are currently led by CEO Elon Musk, though he is excluded from these specific discussions to avoid conflicts of interest.

The committees are exploring collaboration opportunities in several key technology sectors, including artificial intelligence, robotics, and chip design. The combined valuation of the two entities is estimated at approximately $3,5 trillion.

Any formal agreement remains subject to approval from shareholders of both companies. Furthermore, the potential merger must undergo a regulatory review process, which will determine the feasibility and timeline of the deal.