How Elon Musk’s $3.5 trillion Tesla–SpaceX merger could rewrite the rules of his business empire and shift who holds the power

Oct 22, 2026

In an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appears favorable, yet no official contract has been signed. Teams of independent evaluators will scrutinize the merger plan to assure shareholder fairness. Should this merge succeed, it could significantly enhance Musk's sway in business decisions, though regulatory obstacles and shareholder needs could complicate the pathway ahead.

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