Musk Declines to Comment Further on SpaceX-Tesla Discussions -- WSJ
Dow Jones2026/10/21 21:48By WSJ Staff
Speaking on Tesla's conference call, CEO Elon Musk said he didn't have anything to add from his comments yesterday on the talks between Tesla and SpaceX. He described his discussion of the matter as "tap dancing through a minefield."
Musk said on Tuesday's SpaceX call that the merger wasn't a certainty and would need the backing of holders of more than half of Tesla shares, "a high hurdle."
Musk also said he couldn't be involved in the talks because being chief executive of both companies makes him a conflicted party. A merger would hasten Musk's trillion-dollar payday.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 21, 2026 17:48 ET (21:48 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
