Investing.com and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing.com — Elon Musk has set Wall Street's imagination ablaze. Last Tuesday, Musk disclosed that both Tesla Inc (NASDAQGS:TSLA) and SpaceX (NASDAQGS:SPCX) have established special independent director committees to explore a potential merger between the two companies. If completed, the tie-up would rank as the largest corporate combination in history, creating an unprecedented conglomerate valued at roughly $3.5 trillion. On paper, the industrial logic is tantalizing. Advocates point to obvious synergies across electric vehicles, specialized battery architectures, Starlink satellite connectivity, and autonomous robotics.
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