SpaceX and Tesla set up special committee to discuss merger
What happened
On 23 October 2026, The Verge reported that SpaceX and Tesla have set up a special committee to discuss a merger of the two companies. Speaking on SpaceX's earnings call, Musk said a merger would be "very valuable", citing the potential to collaborate on superintelligence software. The same report said SpaceX's AI business revenue reached $7.56 billion in the third quarter, with Cursor contributing $608 million and most of the rest coming from renting computing power to Anthropic and Google. The merger remains at the special committee discussion stage, and the report did not mention any outcome or timetable for talks.
Written by AI from the reports · updated 2 h ago
Timeline
Follow the reports to see the event from each side.
- The Verge · AISure, let’s smoosh SpaceX and Tesla together, who cares
Oh sure, SpaceX's credit risk is pretty high because it's about to borrow another $40 billion to spend on Nvidia chips, but who cares about that? SpaceX and Tesla have formed special committees to discuss a merger!
Heat of this event
Not enough continuous observations yet to draw a trend.