Elon Musk says he feels like he's "tapping dance through a minefield". The reason: he can't take part in the talks over a Tesla SpaceX merger, even though he runs both companies.

Independent board members at both companies have formed special committees to consider a possible merger, Musk told investors this week. Because he's a conflicted party, he can't join their discussions.

The committees haven't agreed on terms,........

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