# SpaceX and Tesla boards form committees to explore a possible combination SpaceX's committee will evaluate a potential combination, while Tesla's will explore a closer relationship that could include one. Published 2026-10-24 by TGOs. Canonical: https://tgos.io/news/2026/10/24/spacex-and-tesla-boards-form-committees-to-explore-a/ SpaceX and Tesla have each formed a board special committee to consider a possible combination of the companies.[1][2] SpaceX announced its committee on its Oct. 20, 2026, earnings call.[1] The committees have different mandates.[1][2] SpaceX's is tasked with evaluating a potential combination with Tesla.[1] Tesla's committee, composed of disinterested directors, has a broader remit to explore arrangements that deepen the relationship, with a business combination among the possibilities.[1][2] ## Why it matters A combination would require approval from SpaceX's special committee, board and controlling shareholder.[1] At Tesla, a transaction would require, among other conditions, the committee's affirmative recommendation and, if agreed upon, any necessary shareholder approval.[2] SpaceX says its committee has made no determination, and there is no assurance that an agreement will be reached or a transaction completed.[1] ## Sources 1. SpaceX Form 10-Q, quarter ended Sept. 30, 2026 2. Tesla Form 10-Q, quarter ended Sept. 30, 2026