Tesla And SpaceX Committees Review Potential $3.5 Trillion Merger

Tesla and SpaceX are now studying a potential merger through committees formed at both companies, putting a combination estimated near $3.5 trillion under formal review.

The estimate draws on SpaceX’s valuation of almost $1.9 trillion. That figure is an estimate for a possible combined company, not a disclosed deal price. A committee review means the companies are examining the idea; it does not establish that they have agreed to merge or completed a transaction.

SpaceX’s third-quarter revenue rose 161% to $14.6 billion. The growth offers a measure of the company’s recent business scale as the merger idea is considered. Tesla and SpaceX have very different business profiles, so a deal would bring separate operations together within one company.

The committees’ review is the concrete development in the merger process. The proposed tie-up remains under study, with the combined-company estimate based on SpaceX’s valuation of almost $1.9 trillion.