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Tesla and SpaceX explore merger as Elon Musk gives backing
NEWS DESKBusiness
PUBLISHEDOct 21, 2026, 1:10 AM
What the source reports
Billionaire, on SpaceX earnings call, says ‘special committees’ exploring idea but no agreement reached yet As SpaceX released its second-ever public earnings report on Tuesday, Elon Musk declared his support for combining the aerospace and AI company with his electric vehicle company, Tesla.
He said both companies had created special committees to explore a potential merger, but have not reached any agreement on terms of a transaction. “Both SpaceX and Tesla have formed special committees to discuss this idea at the request of…
Main source: The Guardian Business
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