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October 22, 2026

Musk floats merger for Tesla, SpaceX

NEW YORK (AP) — Stocks of Elon Musk's two biggest companies are rising Wednesday after he suggested a combination was in the works to form a trillion-dollar colossus in possibly the biggest deal ever.

The merged SpaceX and Tesla would do everything from selling electric cars and AI computing power to providing rocket launches and satellite services.


 
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