Musk says Tesla-SpaceX merger under review; special committees formed

Briefing by News4U · First published 2026-10-21 00:10:25 UTC

Elon Musk says committees at Tesla and SpaceX are studying a merger he calls a good idea, though no deal is assured.

Elon Musk said special committees at Tesla and SpaceX are examining a possible merger, which he described as having “a lot of merit,” though he stressed no agreement has been reached and shareholder approval would be required. [1] [2] [3]

Tesla shares rose 2% and SpaceX shares gained 4.9% to 8% in after-hours trading after the comments. [3] [4]

Sources

1. Tesla’s stock rises as Elon Musk drops new clues about a possible SpaceX merger

   MarketWatch · 2026-10-20 22:33:00 UTC · Summary only

2. Tesla and SpaceX Formed Committees to Discuss Potential Merger, Elon Musk Says

   WSJ Business · 2026-10-20 22:47:00 UTC · Summary only

3. Elon Musk says Tesla-SpaceX merger being considered

   BBC Business · 2026-10-20 23:24:47 UTC · Full text

4. Musk calls Tesla-SpaceX merger a ‘good idea’ as SpaceX posts first profit as a public company

   The Japan Times · 2026-10-20 23:29:00 UTC · Summary only

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