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Musk Says SpaceX and Tesla Exploring Merger

Elon Musk says SpaceX and Tesla are exploring a possible merger, calling the tie-up a "good idea" with "a lot of merit." The companies have formed committees to discuss the possibility, according to Musk. A deal would combine his holdings in rockets, cars and artificial intelligence into a company that reports value at well over $3 trillion, potentially making it the largest corporate merger in history.

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