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Tesla and SpaceX: Why does Elon Musk want to merge the companies?

GenevaTimes by GenevaTimes
October 21, 2026
in International
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Tesla and SpaceX: Why does Elon Musk want to merge the companies?
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“In my opinion, 100%. It’s just a question of when,” says David Nicholson, the Chief Technology Advisor at The Futurum Group, a market research company.

The unveiling of the Tesla Roadster last week – a futuristic electric car powered by SpaceX rocket thrusters – served as a “symbolic embodiment” hinting at the two Musk companies merging, Nicholson said.

Musk, the CEO of both SpaceX and Tesla, said bringing the firms together would be beneficial given the work each does around chips, artificial intelligence (AI) and other technology projects.

Specifically, the deal would combine Tesla’s cars, robots and self-driving technology with SpaceX’s rockets, data centres, satellites and telecommunications operations.

The move could be a step towards Musk’s mission to build a self-sustaining city on Mars – a vision that has invited sceptics but also plenty of backers.

Over the past year, Musk has moved to consolidate his businesses, with SpaceX acquiring xAI and X, formerly Twitter, before going public this year.

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