Tesla and SpaceX have formed special committees to discuss a possible merger, Elon Musk said during the latter’s third quarter earnings call Tuesday.
Tesla and SpaceX are discussing a possible merger, Musk says
Musk called the merger “a good idea,” though it cautioned it wasn’t a guarantee.
Musk called the merger “a good idea,” though it cautioned it wasn’t a guarantee.
Musk, who serves as CEO of both companies, said the special committees have not reached agreement on the terms of any transaction — and that there’s no guarantee that they will. That said, he called the possibility of a Tesla-SpaceX merger a “good idea.”
“I think it would be a good idea,” Musk said. “But it’s really up the special committees of both companies.”
Earlier this month, Barclays published a client note suggesting a potential Tesla-SpaceX combination could be announced ahead of Tesla’s annual shareholder meeting scheduled for December 3, 2026.
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