The history of corporate mergers is littered with failure but investors in Tesla and SpaceX seem to believe Elon Musk can pull off the biggest tie-up of all time.
Stocks of both companies rose sharply Wednesday after Musk said that each had formed “special committees” to discuss a possible combination. The deal would be worth trillions of dollars, a massive melding of the world's biggest provider of rocket launches and satellite internet service with the second largest electric vehicle maker.
