Elon Musk says Tesla and SpaceX are considering a merger, calling it a good idea but not a certainty, and that combining the two would create one of the world's most valuable companies, worth about $3.5 trillion. Because Musk is a conflicted party, special committees from each company are leading the talks, and they have not agreed on any terms. For Tesla, a merger would need 50% of all shareholder votes, not just those cast, which Musk described as a high hurdle. After the third-quarter earnings report, SpaceX shares rose nearly 5% and Tesla shares rose over 1% in late trading. SpaceX reported a $4.4 billion profit, with AI generating $7.56 billion in revenue and Starlink $5.25 billion, and Musk expects its annual recurring revenue to surpass $500 billion by the end of 2027.
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mergers and acquisitionsElon MuskTSLASpaceX
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.77 |
| Change that session | +1.55% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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