SpaceX and Tesla are exploring a possible merger

The companies formed special committees with independent directors from both sides.

By Mariella Moon Oct. 21, 2026 4:40 am EST Finn Gomez/Getty Images Add Engadget on Google: Google Discover

SpaceX and Tesla have formed special committees to discuss the possibility of a merger, Elon Musk has revealed during the former's earnings call for the third quarter of 2026. Musk, who serves as CEO for both companies, said the committees were formed at the request of shareholders. The committees are made up of independent directors from SpaceX and Tesla. Musk himself can't be part of the discussions, as someone who's considered a "conflicted party," along with his brother Kimbal Musk.