Elon Musk said on a SpaceX conference call on October 20, 2026, that independent-director committees at Tesla and SpaceX would explore a possible merger, according to a Euronews account published October 22. Euronews reported that no terms had been agreed and a deal was not guaranteed.

The cooperation Musk described

Musk cited possible cooperation in AI software, chip design, robotics, satellite infrastructure and space-based computing. He described these as potential areas for the companies to work together.