Musk Says SpaceX and Tesla Have Formed Special Committees to Explore a Merger
On SpaceX’s Q3 call, Elon Musk said independent-director committees at SpaceX and Tesla are discussing a possible merger. No terms have been agreed.
On SpaceX’s Q3 call, Elon Musk said independent-director committees at SpaceX and Tesla are discussing a possible merger. No terms have been agreed.
SpaceX’s Q3 2026 revenue rose 161% to $14.6 billion and net income hit $4.4 billion, led by its Super Intelligence segment and Starlink growth.
Elon Musk says he’ll give one of his SpaceX shares to every US child next year, roughly $10.5 billion worth of stock, but hasn’t said how it would work.
SpaceX will post Q3 2026 results after the market close on Oct. 20 and host an audio webcast at 3:30 p.m. CT, its second report as a public company.