Report Says SpaceX Has Reached Profitability; Musk Raises Merger Possibility
Elon Musk's SpaceX has reportedly achieved profitability, and Musk has suggested the possibility of a merger between SpaceX and Tesla, according to a report from wkow.com.
Madison, WI, October 20, 2026 —
SpaceX has reportedly achieved profitability, and Elon Musk has suggested the possibility of a merger between the space company and Tesla, according to a report from wkow.com. The available summary of the report does not provide further details about either development.
No financial figures or time period were provided to explain what the reported profitability means. The information also does not specify whether it refers to a particular accounting measure, which parts of SpaceX it covers, or whether the company has publicly confirmed the claim.
On the merger possibility, the summary says Musk suggested it but does not include his exact words or explain when or in what setting he raised the idea. It provides no indication that a merger proposal has been made, that discussions are underway, or that either company has taken formal steps toward combining.
Details about potential terms, timing, regulatory considerations, or the effect on either company were not included in the summary. Those points therefore cannot be established from the information provided. The report’s account of a possible merger should be distinguished from confirmation that a transaction is planned or agreed.
The reported profitability and Musk’s suggestion are the only developments specified. The source summary does not provide comments from SpaceX or Tesla, additional reporting that corroborates the claims, or information about what may happen next.
Story summarized from the original created by By BERNARD CONDON – AP Business Writer on www.wkow.com, see more information here.
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