Musk plans SpaceX-Tesla merger that would create $3.6T company

Published Wednesday, October 21, 2026 · 8:50 AM EDT

Elon Musk is planning to combine SpaceX and Tesla into a company valued at $3.6T, the Financial Times reported. The proposed merger would bring the two businesses into one company, but faces hurdles including shareholder votes and regulatory probes.

Sources

Techmeme

In this story

Tesla SpaceX Elon Musk

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Infrastructure Products

Ember agrees to buy subsea technology supplier Ashtead for approximately £505 million

Ember Infrastructure Management has agreed to acquire Ashtead Technology in a proposed cash transaction valuing the subsea technology supplier at approximately £505 million. Shareholders would receive 615 pence per share, and Asht...

AI Products

OpenAI expands ChatGPT advertising to 26 additional countries

OpenAI said it is extending ChatGPT Ads to 26 additional countries, bringing availability to 89 countries. Advertisers in the new markets can buy placements through technology partners or through self-service access in Ads Manager...

Products

Spotify launches native app in five Audi models

Spotify launched a native in-car app for Free and Premium listeners in Audi's A6 e-tron, Q6 e-tron, A5, Q5 and A6 on October 21, the company announced. Available through the Audi Application Store, it runs on the vehicle's infotai...

Products Infrastructure

Anthropic draft filing reportedly details about $450 billion in cloud commitments

Anthropic's updated confidential draft IPO filing describes about $450 billion in cloud computing agreements over the next decade, according to reporting citing The Wall Street Journal's review of the document. The draft describes...

AI Products

ServiceNow and Nvidia make Arc enterprise agent available on Mac

ServiceNow and Nvidia's Arc enterprise AI agent is now generally available on Mac, ZDNET reported. Originally announced in May, Arc handles work involving tools such as email and Microsoft Teams and can run locally on an employee'...

Policy Products

Proton hosts Flock camera map worldwide amid legal threats

Proton has begun hosting a worldwide-accessible copy of a Flock surveillance camera map built by security researcher Joshua Michael from leaked data, Tom's Hardware reports. Flock sent Michael a cease-and-desist letter, while his ...