SpaceX and Tesla have each established special committees composed of independent directors to review a potential merger, initiated at the request of shareholders. Elon Musk, CEO and major shareholder of both companies, supports the idea but notes it is not guaranteed and requires shareholder approval. The committees have yet to agree on transaction terms. Musk highlighted potential benefits from combining efforts in AI, robotics, and chip manufacturing, but emphasized the need for broad shareholder support, especially at Tesla where a 50% vote is required.
Tesla shares trade at USD 378.91 on Pluang as of Oct 21, 2026 06:11 WIB, up 2.95% in the last day. The stock's market cap stands at $1.45 trillion with a 52-week high of $489.88. Pluang data shows 68% of orders are sell and 32% buy, reflecting active investor interest during this merger review period.
SpaceX reported a 161% surge in quarterly revenue to $14.58 billion, driven by its AI division which now surpasses Starlink as the top revenue source. The AI business, including the Grok chatbot and cloud services, generated $7.6 billion, while Starl...
Tesla CEO Elon Musk disclosed that Tesla and SpaceX have formed special committees to explore a potential merger, though little progress has been made. Musk, who leads both companies, noted he is not fully involved in the discussions. The news booste...
AI-related earnings growth in the S&P 500 is highly concentrated in companies like Nvidia, Micron, and Broadcom, which are expected to show near triple-digit growth. However, valuation discipline is crucial as premium multiples in companies like Tesl...
Tesla reported Elon Musk's 2025 compensation at an accounting value of $158 billion, all in stock awards contingent on meeting strict market cap and operational milestones. Musk receives no salary or cash bonuses; the award vests only if Tesla achiev...
Ahead of Tesla's Q3 earnings report, 21 analysts maintain Hold ratings due to concerns over margin compression and heavy spending. Tesla's stock has declined over 21% in 2026, despite growth in revenue and Full Self-Driving subscriptions. Analysts sa...
