United Kingdom, Oct. 21 -- Elon Musk is actively considering merging Tesla and SpaceX, potentially bringing two of his biggest companies together in one of the largest corporate combinations in history.

Speaking during a call with financial analysts about SpaceX's quarterly results on Tuesday (20.10.26), the tycoon said he believed a merger could benefit both companies, although he stressed that no deal had been agreed.

Musk said: "Do I think it would be a good idea? Yes."

Special committees have been established at Tesla and SpaceX to examine a possible transaction.

Musk said the committees had not agreed terms and there was no guarantee a merger would go ahead.

He said: "But I do think there is a lot of merit to merging and a lot t...