Elon Musk's SpaceX and Tesla Launch Merger Exploration Committees

GRAND RAPIDS, MI. - Elon Musk, the chief executive officer of both Tesla and SpaceX, revealed on Monday that his companies, SpaceX and Tesla, launched a combined merger exploration committee. The committees are tasked with assessing a possible merger between the companies to create a single corporate entity.

In the past, Musk frequently alluded to the possibility that his goal would likely be to eventually merge the two pioneering companies.

Both SpaceX and Tesla are publicly traded corporate entities, listed under $SPCX and $TSLA, respectively. SpaceX's recent public listing on June 12, 2026 of this year briefly made Musk the world's first modern trillionaire in the weeks following the listing. His combined net worth again crossed the trillion dollar mark in late September of 2026.

The combined corporate entity would likely achieve a single valuation of over 2-4 trillion dollars, making it one of the most valuable corporations in the world alongside, Apple, $APPL, Google, $GOOGL, Microsoft, $MSFT, and Nvidia, $NVDA.

The single corporate entity would also cement Musk's status as the world's first modern trillionaire.