Musk says special committees are evaluating a Tesla-SpaceX merger
Elon Musk confirmed on Tuesday that he favours merging Tesla and SpaceX, and said special committees have been set up to assess the possibility. He cautioned that no agreement has been reached and a deal is not guaranteed. Tesla is valued at roughly $1.5tn and SpaceX at about $2tn, meaning a combination would be the largest corporate merger on record.
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A merger of this scale would require sign-off from shareholders of both companies, which could prove contentious given SpaceX's private status and differing investor bases. Musk's comment that there is 'a lot to be gained' suggests he sees financial or strategic benefits, though he has not detailed what those might be, leaving open questions about valuation, governance and regulatory scrutiny.
- Musk says he supports combining Tesla and SpaceX and committees are reviewing the idea.
- No deal has been agreed and Musk stressed there's no guarantee of a merger.
- Combined valuation of roughly $3.5tn would make it the largest merger in history.
Source: bbc.co.uk — Watch Our Pick Of Standout Clips Across The Bbc, 2026-10-21
Published there as: “Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?”
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