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SpaceX and Tesla form special committees to explore potential merger

MonitoringPolicyRegulatory actionFirst tracked 2026-10-20Last changed 2026-10-21

Current outcome

Elon Musk said SpaceX and Tesla have formed independent board committees to explore a merger that could create a roughly $3.5 trillion company spanning rockets, electric vehicles, humanoid robots, social media, and the Grok AI chatbot.

Progress timeline

2 material updates
  1. #01
    Initial2026-10-20 22:42 · publication time

    SpaceX与特斯拉成立特别委员会,探讨合并可能性

    SpaceX and Tesla have each formed independent-director special committees to explore a potential merger, with Elon Musk recusing himself and noting that any deal would need approval from 50% of Tesla shareholders.

    Source evidence: theblockbeats · Decrypt

  2. #02
    Confirmation2026-10-21 01:19 · publication time

    Musk says SpaceX-Tesla merger a ‘good idea’ as AI revenue jumps ninefold

    Musk publicly said a SpaceX-Tesla merger is a 'good idea' and that special committees are discussing it at shareholder request, while stressing no terms have been agreed, no deal is guaranteed, and Tesla would need 50% of all shares to approve.

    State after update: Special committees of independent directors at SpaceX and Tesla are exploring a potential merger; Musk publicly supports the idea but is recused, no terms have been agreed, and any deal would still require approval from 50% of all Tesla shares.

    Source evidence: Cointelegraph

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