https://www.live-feeds.com/feed/tesla-and-spacex-why-does-elon-musk-want-to-merge-the-companiesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/tesla-and-spacex-why-does-elon-musk-want-to-merge-the-companieshttps://www.live-feeds.com/feed/tesla-and-spacex-why-does-elon-musk-want-to-merge-the-companies#u151190Sat, 24 Oct 2026 07:50:44 +0000Elon Musk announced that Tesla and SpaceX have formed special committees to study a potential merger of his two largest companies. The combined entity would be valued at roughly $3.5 trillion, representing the largest corporate deal in history. Musk stated that combining the firms has a lot of merit and offers a lot to be gained by joining his holdings in rockets, cars, and artificial intelligence. Meanwhile, Tesla lowered its long-term vehicle sales ambition to five million vehicles annually by 2030 as it pivots toward artificial intelligence and robotics.Why it mattersThe proposed mega-deal