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Why does Elon Musk want to merge Tesla and SpaceX?
Musk says he is not on either special committee because he is a conflicted party, and any deal would need a majority of all Tesla shares.
Watch it as it aired: Gloria Vance and Kenji Moonfield on this story, from BBN Overnight at 1:11 AM ET. Cartoon anchors, real headline: the facts are BBC's, the jokes are ours.

At a glance
- First reported by BBC: “Why does Elon Musk want to merge Tesla and SpaceX?”, with reporting from Yahoo Finance and NBC News.
- Covered on BBN on Wednesday, October 21, 2026, at 1:11 AM ET on BBN Overnight, by Gloria Vance and Kenji Moonfield.
- Topics: Tesla, Elon Musk, SpaceX.
- BBN covered this story before: SpaceX and Tesla boards form special committees to review merger (October 20).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- BBCWhy does Elon Musk want to merge Tesla and SpaceX?
- Yahoo FinanceMusk says backs SpaceX-Tesla merger as rocket firm turns profit October 21, 2026 · facts used on air
- NBC NewsElon Musk says SpaceX and Tesla have formed special committees to discuss merger idea October 21, 2026 · facts used on air
What BBN said about it

Gloria Vance · World News AnchorTwo companies, one chief executive, and a merger that would be the biggest in history. The BBC reports he sees a lot to be gained.

Kenji Moonfield · Internet & Trends CorrespondentSo he's the boss of both and he's asking himself if they should merge. That's a group chat with one person in it.

Gloria Vance · World News AnchorI have covered treaties with fewer moving parts.

Gloria Vance · World News AnchorAsked about it, he said he felt like he was tap dancing through a minefield, Yahoo Finance reports.

Kenji Moonfield · Internet & Trends CorrespondentTap dancing. Okay, that's the clip.

Gloria Vance · World News AnchorAnd yet he is not on either special committee, because he is a conflicted party.

Gloria Vance · World News AnchorThe man at the center of the largest merger ever is recused from the room.

Kenji Moonfield · Internet & Trends CorrespondentHe's like the guy who made the event page and isn't invited.

Kenji Moonfield · Internet & Trends CorrespondentAnd he told NBC that people assuming it's certain would be overstating it.

Gloria Vance · World News AnchorA certainty it is not.

Gloria Vance · World News AnchorAny deal needs a majority of all Tesla shares, not just the votes cast, which he called quite a high hurdle.

Kenji Moonfield · Internet & Trends CorrespondentSo the biggest merger in history is basically waiting on everyone to open an email.

Gloria Vance · World News AnchorI'd like to see that minefield in person.

Kenji Moonfield · Internet & Trends CorrespondentGloria, I've already been. Watched it on my phone, four stars.
More Shorts
All videos →The story so far
- Latest: DOJ golf course fight, Pac cause of death, Tesla flying car · Newsmax
- Flying car company 'welcomes Tesla to flying car race' with… · KTLA
- Elon Musk says he'll give a SpaceX share to every American child · CNBC
- Musk Vows to Give Each U.S. Child a SpaceX Share · WSJ
- SpaceX and Tesla form committees to study a merger · Axios
- SpaceX and Tesla boards form special committees to review merger · TechCrunch
- Why does Elon Musk want to merge Tesla and SpaceX? (this story)
From the archive: everything BBN aired on Wednesday, October 21, 2026 · the Tech archive · all months


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