Coverage dated October 19, 2026 to October 26, 2026
Tesla’s Q3 profit drops as it prepares for possible merger with Musk’s other public company, SpaceX
Headline from WHEC Rochester, on the newest of 2 developments
Tesla posted a drop in profit for the latest quarter as it prepares for a possible merger with Elon Musk’s other big business, SpaceX. The electric vehicle maker reported third-quarter net income of $787 million, or 22 cents per share, down 44% from the year-earlier period.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Musk: SpaceX, Tesla merger a 'good idea'
Headline from KXAN Austin ·
Newest
Tesla’s Q3 profit drops as it prepares for possible merger with Musk’s other public company, SpaceX
Musk said a merge of the two companies was not guaranteed, but that he supported the idea. Because the billionaire runs both companies, he is not allowed in the discussions regarding the possible merger.
There’s been a lot of chatter in recent days, weeks, and months about the possibility that SpaceX and Tesla will merge. Elon Musk has been a fan of merging, swallowing, and mushing together his companies. This has happened especially as Musk companies have needed saving.
Tesla, SpaceX and X CEO Elon Musk attends a press briefing held by U.S. President Donald Trump with AI executives following a meeting on artificial intelligence, outside the West Wing of the White House on September 29, 2026 in Washington, DC.
Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time.
SpaceX and Tesla have formed special committees to discuss a potential merger — and Elon Musk thinks "it's a good idea," the CEO of both companies said Tuesday. Why it matters: SpaceX and Tesla have increasingly been collaborating on chips and AI projects — and Musk leads both companies — prompting …
By Allison Morrow, CNN New York (CNN) — Elon Musk, the CEO of both SpaceX and Tesla, voiced support for merging the two companies during an earnings call Tuesday, though he said it is ultimately up to special shareholder committees from each company.
NEW YORK (AP) — SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications and artificial intelligence businesses boomed. The company, run by Elon Musk, posted a profit for the three months through September of $4.
I just wrote yesterday about the growing suspicion that Tesla and SpaceX will merge. Despite reading and writing about this many times, though, it’s a little hard to believe — in part because it’s not clear how merging the companies would help anyone. In response to my article, there were ...
Musk confirmed the long standing speculation of a possible merger between Tesla and SpaceX but warned that it would be premature to assume it is happening for sure.
The SpaceX IPO pushed Musk past $1 trillion on paper. Pension funds, a federal judge, and workplace-safety data show how little stands between him and the companies he runs.
As SpaceX reports blockbuster quarterly earnings, CEO Elon Musk floats the possibility of merging the rocketry and AI firm with his electric car company Tesla. Also in this edition: OpenAI reveals more agent misbehaviour as market turmoil hits data centre companies, and France's political crisis exa…
