Elon Musk Says SpaceX and Tesla Are Exploring a Merger

NYT Business Wednesday 21 October 2026, 10:58 UTC By Ryan Mac and Jack Ewing 1 min read

Key Points

SpaceX’s blockbuster public offering on the Nasdaq in June helped make Elon Musk, who is also the chief executive of Tesla, the first person to be worth more than a trillion dollars.

SpaceX’s blockbuster public offering on the Nasdaq in June helped make Elon Musk, who is also the chief executive of Tesla, the first person to be worth more than a trillion dollars. [Image text:] HENANFTRE EEE Nasdaq S

Elon Musk (PERSON) SpaceX (ORG) Tesla Are Exploring a Merger (ORG) Nasdaq (ORG) Tesla (ORG)

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Oct 21st, 2026 SpaceX-Tesla Combination ‘Extremely Tangible,’ Ferragu Says Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal.

Bloomberg Technology 34m ago