The confirmation follows analysis from Barclays that a merger announcement could occur before Tesla's Dec 6 annual general meeting, and prediction market Kalshi recently priced a 67% chance of a deal before February 2027. One proposed structure would involve an all-stock acquisition of Tesla by SpaceX, providing Tesla shareholders with approximately 0.7 SpaceX shares per Tesla share. Such a deal would leave Musk with roughly 37% of the combined company's ownership and 56% of its voting power.
Tuesday, October 20, 2026
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Musk Confirms Tesla and SpaceX Form Committees to Explore Merger
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CEO Elon Musk revealed on Oct 20 that representatives from both his automotive and space ventures are now formally discussing a corporate combination. Tesla and SpaceX established special committees to evaluate the tie-up at the request of shareholders, though Musk is excluded from those deliberations because he is a "conflicted party." While he cautioned that no agreement has been reached and a deal is not a "certainty," Musk described the merger as a "good idea" to accelerate cooperation on chip design, robotics, and artificial intelligence.
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