Musk explores merging Tesla and SpaceX into an AI conglomerate valued at over $3 trillion

TechnologyInternationalDiario FinancieroOct 20, 2026, 6:35 PM40 s readAI summary

Tesla and SpaceX are studying a merger that would create an artificial intelligence-focused conglomerate with a potential valuation above $3 trillion. Elon Musk said both companies formed special committees to analyze the integration, though they have not agreed on terms and there is no guarantee of a deal. The announcement coincides with SpaceX's results: revenue rose 161% to $14.6 billion in the third quarter and it posted net income of $4.4 billion.

In 40 seconds

Tesla and SpaceX formed special committees to study a possible merger, according to Musk, with no agreement on terms and no guarantee it will happen.
The deal would create an AI conglomerate with a potential valuation above $3 trillion.
SpaceX reported third-quarter revenue of $14.6 billion, up 161%, and net income of $4.4 billion.

Read the full story at Diario Financiero

IASummary generated by artificial intelligence from a story by Diario Financiero. It may contain errors: the original source prevails.

Tesla
SpaceX
Elon Musk
inteligencia artificial
centros de datos

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Musk explores merging Tesla and SpaceX into an AI conglomerate valued at over $3 trillion

In 40 seconds

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Keep reading

Dan Driscoll, former US Army secretary, joins OpenAI as senior national security advisor

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