Musk says SpaceX and Tesla are exploring a merger

Summary

Elon Musk says SpaceX and Tesla are considering combining into a single company. Al Jazeera reports that Musk described the tie-up as a mega company worth $3.5 trillion, and that it would be the largest merger in history. Ars Technica reports that Musk called a merger a "good idea" and said "I do think there's a lot of merit to combining the companies." Al Jazeera reports that he pointed to the firms' complementary work on AI. The BBC reports that special committees within both companies have been formed to look at a possible mega-merger, and that Musk, who is chief executive of both, said there is "a lot to be gained" from it. The articles provide no further details of any proposed deal.

Timeline

1. Ars Technica

   20 Oct 2026, 22:04 UTCSource ↗

   Ars Technica reports that Musk said merging SpaceX and Tesla would be a "good idea," quoting him as saying "I do think there's a lot of merit to combining the companies."

2. BBC

   20 Oct 2026, 23:11 UTCSource ↗

   The BBC reports that Musk said special committees within both Tesla and SpaceX have been formed to look at a possible mega-merger between the two companies.

3. Al Jazeera

   21 Oct 2026, 01:19 UTCSource ↗

   Al Jazeera reports that Musk said SpaceX and Tesla are considering a merger that would form a $3.5 trillion mega company.

4. Al Jazeera

   21 Oct 2026, 03:51 UTCSource ↗

   Al Jazeera reports that Musk said SpaceX and Tesla are exploring the largest merger in history and that the tie-up has a "lot of merit" given the firms' complementary work on AI.

5. BBC

   21 Oct 2026, 06:36 UTCSource ↗

   The BBC reports that Musk, who is CEO of both companies, said there is "a lot to be gained" from a merger that would be the biggest in history.