Musk’s Musings: Tesla‑SpaceX Merger Still a Space‑Case

When a rocket meets a car, does it drive to the moon or just stay in the garage? Musk’s answer was a cautious "maybe".

On SpaceX’s second‑ever public earnings call, Elon Musk hinted that a union between SpaceX and Tesla is being looked at by “special committees”. He made the comment after a brief pause, signalling that the idea is under review but no deal has been struck.

The remark sent analysts scrambling to model what a combined aerospace‑and‑auto giant could look like, even as both companies continue to run their separate businesses.

No formal agreement has been signed and the committees remain in the paperwork stage, meaning the two boardrooms are still separated by more than just a coffee break.

Musk later reassured reporters that “we’re not buying each other, just exploring the idea,” a line that is likely to echo on finance screens throughout the day.