Tesla and SpaceX have formed separate committees of independent directors to explore a potential merger, Elon Musk said on a SpaceX earnings call, according to a BlockBeats report dated Oct. 21, 2026.
Deal remains uncertain
Musk said he has a conflict of interest and cannot participate in the related discussions. He also said a merger is not certain and that describing it as decided would overstate the situation. Any transaction would require approval from at least 50% of Tesla shareholders, according to the report.
The committees are exploring a possible transaction; the report did not say that a merger agreement had been signed or disclose financial terms.
Source: BlockBeats flash.