Elon Musk called a Tesla–SpaceX merger “a good idea” but said Tesla would need a vote of 50% of all shares, not just votes cast, which he called “quite a high hurdle.” Based on the 3,952,757,946 shares outstanding in Tesla's 10-Q, the article calculates at least about 1.98 billion yes votes and notes that unvoted shares effectively count against a deal. Retail investors voted only 28% of their shares in the 2025 proxy season, according to Broadridge data cited in Tesla's SEC letter. Both companies have formed special committees of independent directors, but they have not agreed on terms, and no premium or offer has been set. Tesla closed at $407.46 in its latest reported session, while Polymarket traders priced an official merger announcement by Dec. 31, 2026 at 19%.
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TSLAElon Muskmergers and acquisitionsSpaceX
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/28/2026 | 404.41 |
| Change that session | -0.75% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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