SpaceX and Tesla have formed committees of independent directors to explore a potential merger, according to Bloomberg Technology. The committees are examining possible areas of cooperation, including artificial intelligence, chip design and robotics. Elon Musk is excluded from the discussions because of his conflicts of interest, while any merger would require shareholder and regulatory approval. The two companies have a combined valuation of approximately $3.5 trillion, and prediction markets currently put the odds of a merger announcement by December 31 at 12.5%, down from 14% a day earlier.
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