SpaceX and Tesla Have Formed Committees to Discuss Potential Merger, Musk Says
- Elon Musk announced that Tesla and SpaceX have formed "special committees of independent directors" to explore a potential merger, though he cannot participate due to conflicts of interest.
- SpaceX and Tesla have increasingly collaborated on chips, robotics, and connectivity, prompting the current exploration of a formal combination between the two companies.
- A combination would be massive, with SpaceX valued at more than $2 trillion and Tesla at nearly $1.5 trillion; Musk noted clearing the required 50% shareholder approval would be "quite a high hurdle."
- Tech analyst Gene Munster of Deepwater Asset Management believes there is a 95% chance a deal occurs in the next two years, saying "Believe me, shareholders would support this."
- Barclays previously suggested a potential combination could be announced ahead of Tesla's annual shareholder meeting on December 3, 2026, though Musk emphasized the committees have not reached agreement on terms.
321 Articles
321 Articles
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Why Does Elon Musk Want to Merge SpaceX and Tesla Into a $3.5 Trillion Empire?
Elon Musk has publicly backed the idea of merging Tesla and SpaceX, a move that could create a technology giant valued at approximately $3.5 trillion and bring electric vehicles, rockets, satellite communications, artificial intelligence and robotics under one corporate structure. Musk said on Tuesday that combining the companies had considerable merit as he expands his […]
SPACEX POSTS A PROFIT, AND MUSK HINTS AT A TESLA MERGER
SpaceX reported a quarterly profit that beat expectations as its satellite communications and computing-leasing businesses grew, and Elon Musk floated the prospect of combining the company with Tesla. Commentators across X picked up both threads, with the merger talk drawing the loudest reaction.
Ilon Mask reported that Tesla and SpaceX had set up ad hoc committees to discuss a possible merger, but no agreement had yet been reached.
Billionaire Elon Musk plans to unite the businesses of Tesla and Space X — the two companies of which he is founder and CEO — in an operation that would become the largest business merger in history. Should it be consolidated, the resulting group would become the fifth with the highest stock market value globally, with a capitalization of almost 3.5 trillion dollars, surpassing giants such as Amazon and being close to Microsoft. Ahead would only…
Elon Musk supports Tesla and SpaceX's potential merger plans that could bring together electric vehicles, AI, Starlink and space technology.
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