{"id":440500,"date":"2026-10-21T07:40:05","date_gmt":"2026-10-21T00:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/spacexs-musk-says-tesla-merger-good-idea-but-far-from-certain-needs-50-of-tesla-shares-440500\/"},"modified":"2026-10-21T07:40:05","modified_gmt":"2026-10-21T00:40:05","slug":"spacexs-musk-says-tesla-merger-good-idea-but-far-from-certain-needs-50-of-tesla-shares","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/spacexs-musk-says-tesla-merger-good-idea-but-far-from-certain-needs-50-of-tesla-shares-440500\/","title":{"rendered":"SpaceX\u2019s Musk says Tesla merger good idea but far from certain, needs 50% of Tesla shares"},"content":{"rendered":"<div>\n<p dir=\"ltr\">The merger remark is likely to draw the most attention, particularly for Tesla shareholders, though Musk\u2019s own caveats suggest it is an idea rather than a plan, which may limit any sustained move. Requiring approval from half of all Tesla shares sets a high bar, so investors may treat the comment as a long-dated possibility rather than a near-term catalyst. The compute comments are a cleaner read-through: a claim that older Nvidia H100 chips now rent for more than when new points to tight supply across AI infrastructure, which would tend to support sentiment toward Nvidia, server makers and AI cloud providers. Coming on the same session as <a href=\"https:\/\/investinglive.com\/stocks\/super-micro-shares-jump-14-as-preliminary-revenue-tops-forecast-by-about-4-billion\/\" rel=\"follow\">Super Micro\u2019s surprise upgrade<\/a>, it adds to a run of strong AI demand signals.<\/p>\n<p dir=\"ltr\">\n<p dir=\"ltr\">Musk floated a SpaceX-Tesla merger while stressing it may never happen, but his clearer message was that AI compute remains so scarce that even older chips are rising in value.<\/p>\n<p dir=\"ltr\">Summary:<\/p>\n<ul dir=\"ltr\">\n<li>SpaceX CEO Elon Musk said on the company\u2019s earnings call that a merger with Tesla would be a good idea but is far from certain<\/li>\n<li>He said any deal would need shareholder support, including approval from 50% of all Tesla shares<\/li>\n<li>Musk said demand for AI compute is likely to remain strong<\/li>\n<li>He said older Nvidia H100 chips are now renting for more than when they were new<\/li>\n<li>He warned a shortage of compute for superintelligence could persist for a long time<\/li>\n<li>The comments follow SpaceX\u2019s quarterly results, in which AI revenue beat forecasts and made up more than half of sales<\/li>\n<\/ul>\n<p dir=\"ltr\">\n<p dir=\"ltr\">More from SpaceX\u2019s earnings call, where chief executive Elon Musk said a merger between SpaceX and Tesla would be a good idea but cautioned that it is far from certain, while also signalling that demand for AI computing power shows no sign of easing.<\/p>\n<p dir=\"ltr\">Musk said any combination would require shareholder support, including approval from 50% of all Tesla shares. The reference to all shares suggests a threshold based on total shares outstanding rather than only those voted, which would set a considerably higher bar. He gave no indication of a proposal, a timetable or any formal talks, and his comments are best read as a view on a possible future structure rather than a deal in progress.<\/p>\n<p dir=\"ltr\">On AI, Musk said demand for compute is likely to remain strong. He said older Nvidia H100 chips are currently renting for more than they did when new, a sign, in his view, of how tight the supply of AI processing capacity has become. He also warned that a shortage of the compute needed to develop superintelligence could last for a long time.<\/p>\n<p dir=\"ltr\">The comments add context to SpaceX\u2019s third-quarter results, released earlier in the session. Revenue of about $14.6 billion beat forecasts, with the AI segment contributing about $7.6 billion, or more than half the total. Capital spending of about $19.6 billion, most of it directed at AI, exceeded quarterly revenue, so Musk\u2019s view that compute will stay scarce helps explain why the company continues to invest at that pace.<\/p>\n<p dir=\"ltr\">The remarks also landed on the same day Super Micro Computer released a surprise preliminary update showing September-quarter revenue well ahead of its own guidance, adding to evidence that spending on AI infrastructure remains robust.<\/p>\n<p dir=\"ltr\">For now, the merger idea looks like a long-term possibility with significant hurdles, while the compute message is more immediately relevant for investors tracking the AI hardware trade. Any further detail from Musk or either company on the merger would be the next thing to watch.<\/p>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The merger remark is likely to draw the most attention, particularly for Tesla shareholders, though Musk\u2019s own caveats suggest it is an idea rather than a plan, which may limit any sustained&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-440500","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=440500"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=440500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=440500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=440500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}