Tesla shares climbed after Elon Musk offered new hints about a possible merger with SpaceX. His comments renewed investor interest in a combination of the two companies.
Special committees at both firms are reviewing merger prospects, Musk said. The review is still at an early stage.
A deal is far from certain, according to Musk. No timeline has been set for a decision.
Tesla and SpaceX operate in different industries but share common leadership. Musk oversees both companies.
The committees will weigh potential benefits against operational risks. Their findings will guide any next steps.
Investors reacted positively to the news, lifting Tesla’s stock. Analysts caution that talks may not lead to a transaction.
Musk has previously floated the idea of closer ties between his companies. The latest remarks add fresh detail to that speculation.
