Finland

Helsinki, October 21, 2026. Finnish media report that, upon the release of SpaceX's quarterly results, Elon Musk confirmed the creation of special committees to examine a potential merger with Tesla. According to MTV Uutiset, citing Reuters, he stated that the merger "would make sense and have many advantages," while emphasizing that nothing has been agreed upon.

The daily newspaper Helsingin Sanomat focuses on the scale of the potential deal. Citing the Financial Times, it mentions a group centered on artificial intelligence that could be worth over three billion dollars. Barclays estimates that an announcement could come before Tesla's general meeting on December 3, with SpaceX being the most likely acquirer, according to the bank. The newspaper also recalls the joint project Terafab, a chip factory in Texas that could cost up to 119 billion dollars, according to the FT, and notes that Tesla's stock gained around 1.5% after Musk's comments, while SpaceX's stock gained around 5% after exceeding expectations.

Yle, on the other hand, publishes a more critical analysis. It recalls that Musk has been involved in a series of mergers: xAI acquired X last year, and then SpaceX acquired xAI in the spring. Unlike these operations, this time it involves two publicly traded companies, requiring shareholder approval. Since only a few percent of SpaceX's capital is floating, the decision will effectively be up to Tesla's shareholders, who will have to judge whether the union is more beneficial than independence. Yle estimates that, at first glance, between a rocket and AI company and an electric car manufacturer, "there are not many synergies," and that existing collaborations (materials research, semiconductors in Texas, recent sports car) do not require a merger. The publication sees the potential deal as a way for the billionaire to get rid of the "nuisance" automotive business.

SpaceX's financial reports serve as the backdrop: a result of 4.4 billion dollars from July to September, compared to a loss of 1.1 billion a year earlier, and revenue of 14.6 billion, up 161%. Yle recalls that the company has been publicly traded since June.

Finnish coverage remains focused on the stock market and industrial mechanics, without delving into the issues of American regulation or the strategic dimension of Starlink satellites.