01
SpaceX and Tesla are studying a possible merger, and both companies already hold bitcoin.
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SpaceX reported 18,712 BTC in its IPO paperwork. Tesla has held 11,509 BTC since early 2025.
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Combined, that is 30,221 bitcoin, worth roughly 2.5 billion dollars at late-October 2026 prices.
04
Elon Musk confirmed the merger talks on SpaceX's October 20, 2026 earnings call.
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He also said he cannot join the merger discussions himself, since he leads both companies.
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Independent directors on each board are reviewing the idea through separate special committees.
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Musk said any deal needs support from 50 percent of all Tesla shares outstanding, not just votes cast.
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He explicitly warned against treating the merger as a certainty: no terms have been agreed.