Musk says SpaceX and Tesla formed committees to discuss merger

TSLA•2026-10-20

SpaceX CEO Elon Musk said SpaceX and Tesla have formed special committees to discuss a merger, which he said he thinks would be a good idea.

1. Merger discussions

Musk said SpaceX and Tesla have formed special committees to discuss a merger. He said he thinks a merger would be a good idea.

2. Company figures

SpaceX ended the quarter on September 30 with a reported backlog of $63 billion. Its CFO said the company expects fourth-quarter capital expenditures of $35 billion to $40 billion.

Musk says SpaceX and Tesla formed committees to discuss merger

1. Merger discussions

2. Company figures

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