SpaceX and Tesla formed committees to discuss a possible merger, Musk says

TechnologyInternationalCNN en EspañolOct 20, 2026, 6:46 PM40 s readAI summary

Elon Musk, CEO of both SpaceX and Tesla, said he supports combining the two companies and that special shareholder committees already exist to discuss a possible merger, though the final decision rests with them. Musk noted that, as a party with a conflict of interest, he cannot take part in the discussions. His remarks came during SpaceX's third-quarter earnings call, in which the company reported net income of US$4.4 billion and revenue of US$14.6 billion, up 161% year over year.

In 40 seconds

Musk voiced support for a SpaceX-Tesla merger: "I think combining the companies has a lot of merit."
The CEO said the decision rests with special shareholder committees and that he cannot participate due to a conflict of interest.
SpaceX reported net income of US$4.4 billion and revenue of US$14.6 billion, up 161% year over year.

Read the full story at CNN en Español

IASummary generated by artificial intelligence from a story by CNN en Español. It may contain errors: the original source prevails.

SpaceX
Tesla
Elon Musk
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SpaceX and Tesla formed committees to discuss a possible merger, Musk says

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