Elon Musk says special committees have been formed at both Tesla and SpaceX to consider a merger. A special committee is a small group of board members set up to judge deals where the same person sits on both sides of the table, which means the people in charge are now officially checking whether the company should be bought by itself.
The logic, as far as anyone outside the building can reconstruct it, goes like this. SpaceX has a lot of hardware falling back out of orbit. Tesla has a lot of batteries that need something to power, and a battery is mostly a container for lithium, the metal that holds the charge. Someone in a meeting noticed both businesses involve lithium, and the rest was momentum. The proposed product is a car that recycles satellite debris into battery cathode material (the part of a battery that stores the energy) and then drives itself to the moon. Nobody has yet explained who buys it, or how the moon fits into a commute.
So what does this mean for you? Almost nothing today. Your Tesla will still be a Tesla, and your satellite TV will still be fine. The only real action item is to keep an eye on your own sense of humour, because you will be hearing the phrase “autonomous galactic road trip” at dinner parties for the next decade.