Musk Says SpaceX, Tesla Exploring Merger
Description: Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger. #elonmusk #tesla #spacex #technology #business #usa #news
Musk said he isn't participating in the committee discussions because he is a conflicted party, and that the committees have yet to agree on terms.
A merger would unite Tesla's electric vehicle, energy and robotics businesses with SpaceX's rocket launch and satellite internet operations, and would require shareholder support.
Read more: https://www.bloomberg.com/news/articles/2026-10-20/musk-says-spacex-tesla-have-formed-committees-to-explore-merger
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Musk said he isn't participating in the committee discussions because he is a conflicted party, and that the committees have yet to agree on terms.
A merger would unite Tesla's electric vehicle, energy and robotics businesses with SpaceX's rocket launch and satellite internet operations, and would require shareholder support.
Read more: https://www.bloomberg.com/news/articles/2026-10-20/musk-says-spacex-tesla-have-formed-committees-to-explore-merger
----------
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
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