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The Verge October 20, 2026 neutral

Tesla and SpaceX are discussing a possible merger, Musk says

AI / LLM
<figure> <img alt="Elon Musk with zeros and money falling from the sky." data-caption="" data-portal-copyright="Image: Cath Virginia / The Verge, Getty Images" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/06/STKE012_SPACEX_IPO_2026_D.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Tesla and SpaceX have formed special committees to discuss a possible merger, Elon Musk said during the latter's third quarter earnings call Tuesday. </p> <p class="wp-block-paragraph">Musk, who serves as CEO of both companies, said the special committees have not reached agreement on the terms of any transaction - and that there's no guarantee that they will. That said, he called the possibility of a Tesla-SpaceX merger a "good idea."</p> <p class="wp-block-paragraph">"I think it would be a good idea," Musk said. "But it's really up the special committees of both companies."</p> <p class="wp-block-paragraph">Earlier this month, Barclays published a client note suggesting a potential Tesla-SpaceX combination could be announced ahead of Te …</p> <p><a href="https://www.theverge.com/science/1014984/spacex-tesla-merger-elon-musk-special-committees">Read the full story at The Verge.</a></p>
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