On October 21, 2026, during an earnings call, Musk disclosed that Tesla and SpaceX had formed a dedicated committee. This committee, made up of independent directors, is tasked with assessing the feasibility of a merger between the two companies. Musk highlighted that although a merger could bring about a multitude of advantages, as of now, no definitive agreement has been struck. Moreover, such a merger would necessitate the consent of at least 50% of Tesla's shareholders.
