SpaceX and Tesla Form Committees to Discuss Merger
Elon Musk said the companies formed special committees to discuss a merger, which he called “a good idea.” SpaceX shares rose 8% in extended trading.
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Elon Musk said the companies formed special committees to discuss a merger, which he called “a good idea.” SpaceX shares rose 8% in extended trading.
SpaceX reported third-quarter 2026 revenue of $14.6 billion, up 161% year over year, and net income of $4.4 billion versus a $1.1 billion loss a year earlier. Adjusted EBITDA was $8.8 billion, up 306% from $2.2 billion.