Elon Musk suggested a combination of SpaceX and Tesla was in the works, raising the prospect of a deal described as potentially the biggest ever and creating a trillion-dollar company. Shares of both companies rose Wednesday; SpaceX stock jumped 10% after the company reported strong third-quarter revenue growth and beat earnings expectations.
WHO:Elon Musk
WHAT:Elon Musk suggested that SpaceX and Tesla could combine.
WHEN:Oct 21, 2026
WHERE:USA
WHY:No reason for the potential combination was reported.
How this story developed (showing 4 of 4 earlier reports)