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Elon Musk confirms SpaceX and Tesla are considering a merger

SpaceX and Tesla are considering a merger, Elon Musk said. He put the potential value of a combined company at $3.5 trillion and confirmed that special committees had been formed to examine the proposal.

SpaceX and Tesla are considering combining their businesses.
Elon Musk estimates the merged company could be worth $3.5 trillion.

3 sourcesTrust: Multiple publishers

Al Jazeera English21 Oct 2026, 04:19

Corporate dealsSingle source

Tesla and SpaceX explore a possible merger with Elon Musk’s backing

Tesla and SpaceX have formed special committees to examine a possible merger, Elon Musk said during SpaceX’s earnings report. No terms have been agreed, and the transaction would require approval from at least 50% of all Tesla shareholders.

Tesla and SpaceX formed committees to examine a possible merger.
Elon Musk said the deal would require approval from 50% of all Tesla shareholders.

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The Guardian Business21 Oct 2026, 04:10

labor and marketsSingle source

Trump intensifies anti-union actions: bargaining limits and cut to OSHA inspections

In the year after returning to office, Donald Trump enacted multiple measures that experts say have weakened worker and union protections. Actions include a 20% cut in OSHA inspections, wage-related rollbacks, and a campaign to strip 1 million federal employees of collective bargaining rights.

The Trump administration cut OSHA workplace inspections by 20% compared with Biden’s last year in office.
Trump delayed implementation of a silica dust rule affecting coal miners; United Mine Workers demanded immediate enforcement.

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The Guardian Business7 Sept 2026, 14:00