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Business & Finance · October 20, 2026

Smile, Elon, you're on camera: SpaceX made its earnings call must-see TV for Musk fans

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Elon Musk announced that SpaceX and Tesla have formed independent special committees to evaluate a potential merger between the two companies. During a SpaceX earnings call, Musk expressed personal support for the consolidation, citing increasing collaboration on technology like chips, while emphasizing that the final decision rests with the committees and shareholders. The announcement coincided with SpaceX reporting 161% year-over-year revenue growth for the third quarter.

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Reported by multiple outlets

  • SpaceX and Tesla have formed special committees to discuss a potential merger.
  • Elon Musk serves as the CEO of both companies.
  • Musk expressed personal support for the idea of a merger.
  • Any merger would require approval from both sets of shareholders.
  • No agreement has been reached yet, and a merger is not guaranteed.

Reported by only some outlets

  • SpaceX reported 161% year-over-year revenue growth in the third quarter.
  • SpaceX and Tesla have been increasingly collaborating on computer chips.
  • The SpaceX earnings call featured a live video stream of Musk and other executives.
  • SpaceX stock rose in late trading following the announcement and earnings report.

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