Veytics Intelligence
2026-10-20 · Yahoo

SpaceX and Tesla form special committees to evaluate potential merger, Musk says

Investing.com -- SpaceX (NASDAQ:SPCX) and Tesla Inc (NASDAQ:TSLA) have each established independent special committees to explore a potential merger, Chief Executive Elon Musk confirmed during SpaceX's third-quarter earnings call. The disclosure formalizes years of market speculation that Musk would consolidate his corporate empire, a trajectory that accelerated following SpaceX's acquisition of xAI in February and its subsequent June public offering. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%.

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