The Aporia
Musk says SpaceX and Tesla are exploring blockbuster merger deal. (2026, October 20). South China Morning Post. https://www.scmp.com/news/world/united-states-canada/article/3371564/musk-says-spacex-and-tesla-are-exploring-blockbuster-merger-deal
“Musk says SpaceX and Tesla are exploring blockbuster merger deal.” South China Morning Post, 20 Oct. 2026, https://www.scmp.com/news/world/united-states-canada/article/3371564/musk-says-spacex-and-tesla-are-exploring-blockbuster-merger-deal.
“Musk says SpaceX and Tesla are exploring blockbuster merger deal.” South China Morning Post, October 20, 2026. https://www.scmp.com/news/world/united-states-canada/article/3371564/musk-says-spacex-and-tesla-are-exploring-blockbuster-merger-deal.
Dated from the outlet's own feed. Check the original for its byline.
Elon Musk has announced that special committees within both SpaceX and Tesla are exploring the possibility of merging the two companies, potentially creating a $5 trillion giant. This development follows Elon Musk's unveiling of a "flying" Tesla prototype at a SpaceX facility in Texas earlier this month. Although Musk stated that there is no guarantee the merger will happen and it would require shareholder approval, he expressed optimism about the potential benefits of combining the companies' resources, particularly in developing superintelligence software. Both SpaceX and Tesla have seen significant growth; SpaceX, which went public earlier this year with a record initial public offering, is valued at nearly $2 trillion, while Tesla has a market value of approximately $1.4 trillion. Financial analysts are predicting that the merger could occur by early next year, possibly before Tesla’s annual general meeting scheduled for December 6th.