{
  "id": 15818515,
  "title": "Musk calls Tesla-SpaceX merger a ‘good idea’ as SpaceX posts first profit as a public company",
  "url": "https://urgent.news/2026/10/20/musk-calls-tesla-spacex-merger-a-good-idea-as-spacex-posts-first-15818515",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T23:29:00.000Z",
  "source": {
    "name": "Japan Times",
    "slug": "japan-times",
    "url": "https://www.japantimes.co.jp/business/2026/10/21/musk-tesla-spacex-merger/"
  },
  "original_language": "en",
  "account": "Elon Musk expressed his support for a merger between SpaceX and Tesla on Tuesday, stating that such a union would be a \"good idea.\" The companies have reportedly set up special committees to explore the possibility of a merger. Following the announcement, shares of the space and technology company increased by 4.9% in extended trading. Earlier, SpaceX revealed its first profit as a publicly-traded company, with Musk projecting an annual revenue run rate of up to $1 trillion. The Tesla owner has previously hinted at the idea, noting the growing overlap between the two businesses. Recently, speculation has intensified regarding a potential acquisition of SpaceX by Tesla, with Barclays suggesting that a deal might be announced before Tesla's annual meeting in December.",
  "summary": "The remarks sent SpaceX shares up 4.9% in extended trading.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Musk calls Tesla-SpaceX merger a 'good idea' as SpaceX posts first profit as a public company",
        "url": "https://urgent.news/2026/10/20/musk-calls-tesla-spacex-merger-a-good-idea-as-spacex-posts-first",
        "published": "2026-10-20T20:08:59.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Musk calls Tesla-SpaceX merger a ‘good idea’ as SpaceX posts first profit as a public company",
        "url": "https://urgent.news/2026/10/20/musk-calls-tesla-spacex-merger-a-good-idea-as-spacex-posts-first-15819311",
        "published": "2026-10-20T23:15:00.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "SpaceX’s stock soars as Elon Musk reveals crushing earnings and revenue beat",
        "url": "https://urgent.news/2026/10/21/spacexs-stock-soars-as-elon-musk-reveals-crushing-earnings-and",
        "published": "2026-10-21T00:42:01.000Z"
      }
    ]
  },
  "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."
}