Tesla and SpaceX Form Special Committees to Explore $3.5 Trillion Merger

Tesla Inc. and SpaceX have established independent special committees to evaluate a potential merger that analysts estimate could value the combined company at $3.5 trillion. The proposed combination would unite shared artificial intelligence, robotics, and computing initiatives, alongside a consolidated corporate treasury holding 30,221 Bitcoin worth approximately $2.5 billion. Elon Musk stated he has recused himself from negotiations, although regulatory filings confirm any final deal still requires his approval alongside 50% of all outstanding Tesla shares. SpaceX is valued near $2 trillion against Tesla's approximately $1.5 trillion, positioning SpaceX as the likely acquirer.