The report says no proposal has been agreed. Any proposal would need to be developed by the committees and put to shareholders; Musk said Tesla shareholder support would face a 50 percent threshold. He characterized the idea as having merit because of the companies’ complementary work on AI, while warning that a merger is not certain. Al Jazeera put their combined market capitalization at about $3.5 trillion and reported that SpaceX posted its first quarterly profit. The report describes an exploration process, not a completed transaction or operational integration.
Musk says SpaceX and Tesla are exploring a merger : together they're worth about $3.5 trillion, and SpaceX's AI unit, which rents computing to Anthropic, brought in more revenue than Starlink last...
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SpaceX and Tesla have established special committees to explore a possible merger, Elon Musk said, according to Al Jazeera.
What changed: Musk is now exploring a SpaceX–Tesla merger, with special committees formed; this is distinct from his earlier pledge to give SpaceX shares to U.S. children.