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Economy · India

Musk says SpaceX-Tesla merger a 'good idea', special committees formed for talks

Outlet: The Times of India · RAJEEV SINGH · Published 20/10/2026 23:34 UTC

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SpaceX shares rose 4.9% in extended trading following the remarks. Speculation about a potential deal has grown in recent weeks, with Barclays suggesting last week that an announcement could come before Tesla's annual meeting in December. Musk has previously floated the idea, pointing to increasing overlap between the businesses. The merger discussions came as SpaceX reported its first profit as a public company.

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https://timesofindia.indiatimes.com/business/international-business/elon-musk-says-spacex-tesla-merger-is-a-good-idea-special-committees-formed-for-talks/articleshow/135078380.cms
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20/10/2026 23:34 UTC
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21/10/2026 00:07 UTC
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