SpaceX and Tesla boards form special committees to review merger

Both boards have formed special committees of independent directors to review a possible merger. Musk says he likes the idea but is not on either committee; SpaceX shares reportedly rose 4.9% in extended trading.

Timeline

1. 20 Oct, 22:57 UTCBoards form special merger committees
2. 20 Oct, 23:34 UTCTimes of India covers Musk's 'good idea' remark

Top sources

• SpaceX and Tesla boards form special committees to review mergerTechCrunch
• Musk says SpaceX-Tesla merger a 'good idea', special committees formed for talksTimes of India