GoKawiilMusk declines to elaborate on SpaceX-Tesla merger during Tesla earnings call
Elon Musk told Tesla shareholders he had already said all he would on a possible SpaceX-Tesla merger, and Tesla's investor relations chief said executives would not address the topic. This follows Musk's comments a day earlier on SpaceX's earnings call, where he said both companies had formed special committees to explore a deal and that he personally favored it. Tesla's own results showed declining auto and energy revenue, with Tesla shares down 3% and SpaceX down 9% the day after Musk's remarks.
GoKawiil's interpretation of the reporting above, not reported fact.
The mixed signals—open endorsement on one call, silence on the other—suggest Musk may be managing how much formal commitment he wants to make public while still fueling investor speculation. The stock declines indicate markets may be reacting skeptically to merger talk layered on top of weakening core Tesla business lines like autos and energy storage. Any eventual combination would raise questions about valuing speculative bets like robotaxis and Optimus robots against SpaceX's rocket and satellite operations.
- Musk declined to discuss the SpaceX-Tesla merger on Tesla's earnings call after addressing it on SpaceX's call a day earlier.
- Both companies have reportedly formed special committees to explore a potential transaction.
- Tesla and SpaceX shares both fell following the renewed merger speculation, with Tesla down 3% and SpaceX down 9%.
Source: cnbc.com — Lora Kolodny, 2026-10-23
Published there as: “With earnings in rearview mirror, SpaceX-Tesla merger chatter takes center stage”
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