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SpaceX-Tesla merger talks
Where things stand
Elon Musk said on Wednesday, 21 October, that SpaceX and Tesla are exploring a merger, citing the merit of combining their complementary AI work. Daily Sabah reports both firms formed special committees to discuss a deal; no terms have been announced.
SpaceX and Tesla are both companies led by Elon Musk, with SpaceX focused on rockets and satellites and Tesla on electric vehicles and energy. Both have increasingly invested in artificial intelligence, which has fed speculation about combining them. A merger would be among the largest corporate deals ever, according to Al Jazeera.
Timeline in detail
Thursday, 22 October 2026 · EconomyMusk says SpaceX and Tesla exploring merger
Elon Musk said on Wednesday that SpaceX and Tesla are exploring a merger, which Al Jazeera calls the largest in history, and that a tie-up has considerable merit given the firms' complementary AI work. Daily Sabah reports both companies formed special committees to discuss a deal, and the New York Times says tech stocks rose after SpaceX beat earnings estimates.