Tesla–SpaceX Merger Exploration
Elon Musk confirmed Tesla and SpaceX have formed special committees to explore a merger, which could boost his wealth by $110B+ through accelerated Tesla share vesting and trigger $6B+ in change-in-control compensation. A deal is intended to close before the end of Trump's term.
What we know
An account on X broke the committee formation news, followed by details on $6B+ in Tesla compensation unlocked by change-in-control provisions. Another account on X added that the deal is intended to close before the end of Trump's term. Another account on X RT'd Sawyer Merritt covering the same, also noting Musk's Optimus V3 update — a video of non-pre-programmed tasks expected in 1–2 months. Jim Chanos has separately questioned the SpaceX valuation, calling it a 5% ROIC business at $1.5T — another account on X.
How the story developed
Elon Musk confirmed Tesla and SpaceX have formed special committees to explore a merger, which could boost his wealth by $110B+ through accelerated Tesla share vesting and trigger $6B+ in change-in-control compensation. A deal is intended to close before the end of Trump's term.
SpaceX reported Q3 revenue of $14.58B (+161% YoY), EBITDA of $8.81B, and a net profit of $4.4B, all far above estimates. The AI segment, rebranded 'Super Intelligence,' generated $7.56B — now the company's largest revenue line, overtaking Starlink — with Musk projecting $500B–$1T in annual recurring revenue and 13 GW of AI compute by 2027.
Musk announced he will give one SpaceX share (~$146) to each of the ~72–73 million US children under 18 next year, a pledge totaling roughly $10.7 billion.
Musk announced plans to give one SpaceX share to every child in America next year, calling it 'the first of many' — a headline that crossed multiple feeds.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.