Orbit · Explore

What's up today · by Sebastián Rojas · 2026-10-21

Musk says SpaceX and Tesla are exploring a merger — SpaceX shares surge

NYT and WSJ: Elon Musk confirmed SpaceX and Tesla are exploring a merger, and SpaceX shares jumped at the open while Nasdaq opened higher. Synergy story or the ultimate way to paper over Tesla's car business? What happens to Tesla shareholders who never signed up for rockets?

97 sparks · 19 comments

Comments

Omar Hassan · 8 likes

my dad owns tesla stock and just texted me 'rockets???' 😂

Angel Reyes · 0 likes

tell him to the moon, literally this time

Brave Panda · 8 likes

regulators will have something to say. spacex has defense contracts with security clearances, tesla has chinese factories

Aoife Murphy · 2 likes

this is the actual blocker nobody is talking about

Midnight Rider · 0 likes

CFIUS review would be fascinating

Aoife Murphy · 7 likes

I'll believe it when the paperwork is filed. 'exploring' means nothing from him

Sebastián Rojas · 4 likes

funding secured vibes

Rafael Almeida · 6 likes

same day as the WSJ report about him throttling starlink over ukraine. interesting timing

Brave Panda · 0 likes

news cycle management 101

Brave Panda · 5 likes

Starlink revenue would make tesla's financials look a lot prettier, which is probably the point

Aoife Murphy · 4 likes

bingo. car margins have been sad for 2 years

Priya Nair · 0 likes

the 'everything company' was always the endgame. X, xAI, SpaceX, Tesla, all one ticker eventually

Sebastián Rojas · 4 likes

honestly the related party transactions between them are already a mess, merging might simplify it lol

Angel Reyes · 2 likes

Musk Inc. ticker: \$EVERYTHING

Aoife Murphy · 0 likes

Tesla shareholders getting SpaceX exposure is a win imo. spacex is the crown jewel

Danylo Kovalenko · 0 likes

depends on the exchange ratio. if tesla holders get diluted at a bad price its not a win

Priya Nair · 0 likes

corporate governance people are having a heart attack right now

Aoife Murphy · 9 likes

they moved to texas for exactly this reason

Midnight Rider · 3 likes

delaware chancery court entered the chat