According to reporting by BBC News, billionaire entrepreneur Elon Musk has confirmed that preliminary talks are underway regarding a potential mega-merger between electric vehicle maker Tesla and aerospace company SpaceX.

To carefully evaluate the proposal, special internal committees have been established within both Tesla and SpaceX. These bodies are tasked with looking into the feasibility and implications of combining the two major enterprises.

Readers can find the full original report at BBC News.

Source: BBC News