Elon Musk said on SpaceX's Q3 earnings call that combining SpaceX and Tesla would be a good idea, and said both companies have formed special committees to review a potential combination. No deal has been announced.

Updated source link from a Google News redirect to the BBC article. Replaced the unsourced Q3 revenue line and added context from BBC and TechCrunch: no terms agreed and a deal is not certain; both boards formed special committees of independent directors, and Musk is on neither; Tesla would need approval from 50% of all outstanding shares.
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SpaceX reported Q3 2026 revenue of $14.6 billion, up 161% from a year earlier, and net income of $4.4 billion. On its earnings webcast, CFO Bret Johnsen said SpaceX expects Q1 2027 revenue of $33 billion to $37 billion, and CEO Elon Musk said SpaceX will try to catch Starship on Flight 15 next month, pending FAA approval.
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