SpaceX filing says no merger determination yet; any Tesla deal needs several approvals

A regulatory filing by SpaceX on Thursday, October 22, said its special committee had not made any determination on a possible combination with Tesla. Any transaction would need sign-off from that committee, the SpaceX board and Elon Musk as controlling shareholder. Reuters reported that some insiders worry Musk's public endorsement could invite shareholder scrutiny and push the timetable back by several weeks. Musk has said he is recused from the committee discussions, which keeps the governance path for a deal unresolved.

1. SpaceX said in an SEC filing on Thursday that no determination by its special committee had been made regarding any potential combination.
2. Any deal would need approval from the committee, the board and the controlling shareholder, according to the report.
3. Reuters reported on Thursday that some insiders worry Musk's comments could invite shareholder scrutiny and delay the process by several weeks.
4. Musk said on the SpaceX earnings call on October 20 that he cannot take part in the special committee discussions.
5. Benzinga's report on the filing was published October 23, 2026.