SpaceX stated that the Tesla merger requires Elon Musk's approval.

Reuters, October 22 - SpaceX (SPCX.O) revealed on Thursday that a potential merger with Tesla (TSLA.O) would require approval from controlling investor Elon Musk. Days earlier, the world’s richest man had stated he could not participate in discussions held by the special committee.

Musk said on Tuesday that a merger between his two companies, SpaceX and Tesla, would be a “good idea” and stated that both sides had established a special committee to discuss the deal.

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