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Tesla and SpaceX assess a possible merger

Elon Musk said Tesla and SpaceX are formally discussing a possible merger, while independent committees at both companies assess the proposal. No terms have been agreed, and any deal would require shareholder approval.

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October 21, 2026, 16:24

Musk confirms Tesla–SpaceX merger talks, with terms still unsettled

Elon Musk said on October 20 that independent committees were assessing a Tesla–SpaceX merger. The companies have a combined valuation of roughly $3.5 trillion, but no terms have been agreed.