Tesla and SpaceX have each set up a committee of independent directors to look at a possible merger. We explain what was said on SpaceX's earnings call, why Elon Musk says AI is the reason, and why control and a high shareholder vote make this far from simple. No deal, price or timetable has been announced. Sources: Axios (20 Oct 2026), Gizmodo, CBS News, Euronews (22 Oct 2026), Electrek (19 Oct 2026); company filings not opened. Explanation only, not investment advice. Narrated by an AI-generated version of Mittal Shah's voice.