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SpaceX president Gwynne Shotwell mentions possible merger with Tesla

The possibility of a merger between Elon Musk-led SpaceX and Tesla is emerging, TechCrunch reported on Thursday. Tesla currently has a market value of about $1.26 trillion, the report said. SpaceX President and COO Gwynne Shotwell said in a CNBC interview there could be some advantages to a merger and that it could make Musk\'s life a little easier. SpaceX has added new M&A-related language to its S-1 risk disclosures ahead of an IPO.