Musk says he is exploring a merger of SpaceX and Tesla, which would be the largest merger in history

TechnologyInternationalEL PAÍSOct 20, 2026, 5:19 PM40 s readAI summary

Elon Musk announced he is exploring a merger of SpaceX and Tesla, a deal that would create a technology giant among the five largest companies in the world by market value. The boards of both companies set up special committees to explore the transaction, which has no agreed terms yet. SpaceX is valued at $2.01 trillion and Tesla at $1.48 trillion. The announcement came during the analyst call after SpaceX's results, whose third-quarter revenue was $14.6 billion, up 160%.

In 40 seconds

Musk announced he is exploring a merger of SpaceX and Tesla; both boards created special committees to explore the deal.
The committees have not agreed on terms for any transaction and there is no guarantee they will, according to Musk.
SpaceX has a market capitalization of $2.01 trillion and Tesla $1.48 trillion.

Read the full story at EL PAÍS

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

SpaceX
Tesla
Elon Musk
fusiones
inteligencia artificial

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Musk says he is exploring a merger of SpaceX and Tesla, which would be the largest merger in history

In 40 seconds

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