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Tue, 20 Oct 2026

Tue, 20 Oct 2026 Elon Musk says Tesla-SpaceX merger being considered

Musk says special committees within both companies have been formed to look at a possible mega-merger.

* Elon Musk says a merger between Tesla and SpaceX is "a good idea" and is under active consideration.
* A combination of the two companies would be one of the largest mergers in history, with Tesla valued at $1.5 trillion and SpaceX at $2 trillion.
* Special committees within both companies have been formed to examine the move, but there's no guarantee it will happen.
* Musk believes a merger would bring benefits such as synergies between the two companies' work on chips, AI, software, and more.
* However, shareholders of Tesla would need to approve the merger, which Musk describes as "a high hurdle to achieve".
* The potential merger comes after SpaceX acquired xAI and X (formerly Twitter) earlier this year, and the recent launch of Terafab, a combined effort between Tesla and SpaceX to manufacture computer chips.