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Elon Musk Sparks SpaceX-Tesla Merger Talk | Markets & Money News
Elon Musk hinted at a potential merger between Tesla and SpaceX during a recent shareholder call, revealing that both companies have formed special committees to explore the idea. This prospect comes amid Tesla's declining earnings, particularly in auto and energy sales, while Musk shifts focus to robotaxis and humanoid robots. Market reactions saw Tesla stocks drop by three percent and SpaceX by nine, prompting concerns among investors over Musk's divided attention. Regulatory hurdles could
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