Space X and Tesla exploring merger, CEO Elon Musk says

AxiosOctober 20, 2026en

SpaceX and Tesla have formed special committees to discuss a potential merger — and Elon Musk thinks "it's a good idea," the CEO of both companies said Tuesday. Why it matters: SpaceX and Tesla have increasingly been collaborating on chips and AI projects — and Musk leads both companies — prompting widespread speculation that they could join forces. Driving the news: Musk said on SpaceX's earnings call that the two companies have formed committees of independent directors to explore the possibility of a deal. "Because I'm a conflicted party, I can't actually be in the discussions," he said, but he added that "I think it would be a good idea." Zoom in: Musk said "there's a lot to be gained" f

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