Elon Musk said Tuesday that a merger of his two companies SpaceX and Tesla would be "a good idea" and that they had formed special committees to discuss a union, sending shares of the space and technology company up 8% in extended trading. Global Aerospace & Defense Editor Joe Brock bre…
Elon Musk believes a merger between Tesla and SpaceX is a good idea, he said this past week, publicly backing an idea that would create one of the most valuable companies in the world, worth about $3.5 trillion.
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, June 16, 2023.
Tesla Cybertrucks lead the way as the SpaceX Starship spacecraft rolls out toward the launch pad before its 11th test flight from the company's complex in Starbase, Texas, Oct. 11, 2025.
Tesla Cybertrucks lead the way as the SpaceX Starship spacecraft rolls out toward the launch pad before its 11th test flight from the company's complex in Starbase, Texas, Oct. 11, 2025.
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, June 16, 2023.
