{
  "id": 15816583,
  "title": "Elon Musk says SpaceX, Tesla have begun exploring merger, but warns deal not guaranteed",
  "url": "https://urgent.news/2026/10/20/elon-musk-says-spacex-tesla-have-begun-exploring-merger-but-warns",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T22:34:02.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/elon-musk-says-spacex-tesla-have-begun-exploring-merger-warns-deal-not-guaranteed"
  },
  "original_language": "en",
  "account": "Elon Musk announced on Tuesday that SpaceX and Tesla are exploring the possibility of a merger, describing it as a \"lot of merit\" in combining the two firms. However, Musk clarified that the deal is not guaranteed and would depend on shareholder approval. The committees formed for exploring the merger have not yet agreed on terms and Musk is not participating due to his conflicted interest. The potential merger could combine Tesla's electric vehicle, energy, and robotics businesses with SpaceX's rocket launch and satellite internet operations. Both companies are already heavily invested in artificial intelligence, with SpaceX working on superintelligence software and Tesla manufacturing utility-scale batteries. A merger between the two tech giants, estimated at a value of around US$2-1.5 trillion, would be the largest corporate tie-up ever.",
  "summary": "He says there is ‘a lot of merit’ in combining the two firms but shareholder support is required",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Musk says SpaceX, Tesla form committees to explore potential merger",
        "url": "https://urgent.news/2026/10/20/musk-says-spacex-tesla-form-committees-to-explore-potential-merger",
        "published": "2026-10-20T21:40:54.000Z"
      },
      {
        "outlet": "Business Insider",
        "title": "Smile, Elon, you're on camera: SpaceX made its earnings call must-see TV for Musk fans",
        "url": "https://urgent.news/2026/10/20/smile-elon-youre-on-camera-spacex-made-its-earnings-call-must-see-tv",
        "published": "2026-10-20T22:23:16.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Elon Musk says Tesla and SpaceX are weighing a $3.5 trillion merger—without him in the room",
        "url": "https://urgent.news/2026/10/20/elon-musk-says-tesla-and-spacex-are-weighing-a-3-5-trillion-merger",
        "published": "2026-10-20T22:50:28.000Z"
      },
      {
        "outlet": "The Mainichi",
        "title": "Elon Musk's SpaceX reports a profit and he hints at a possible merger with Tesla",
        "url": "https://urgent.news/2026/10/20/elon-musks-spacex-reports-a-profit-and-he-hints-at-a-possible-merger",
        "published": "2026-10-20T23:52:33.000Z"
      },
      {
        "outlet": "Live Mint",
        "title": "Elon Musk ordered Starlink's slowdown in Ukraine amid strained Trump-Zelenskyy ties? What we know",
        "url": "https://urgent.news/2026/10/21/elon-musk-ordered-starlinks-slowdown-in-ukraine-amid-strained-trump",
        "published": "2026-10-21T01:40:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}