Texas AG-elect vows 'tremendous scrutiny' of SpaceX-Tesla merger Mateo Rosiles, USA TODAY NETWORK Fri, November 13, 2026 at 2:29 PM EST 1 min read SPCX +0.15% TSLA -1.70% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
The incoming Texas attorney general is signaling that he will scrutinize the potential merger between Elon Musk's SpaceX and Tesla.
In a Nov. 12 interview with Bloomberg, Texas Attorney General-elect Nathan Johnson said "any merger of companies of that consequence warrants tremendous scrutiny."
"I think he's received a great deal of deference due to his alignment with the Republican Party and the tons of money he spent for the Republican Party," Johnson said. "I have no qualms about examining his relationships to the state."
Johnson, set to replace Republican Ken Paxton as the state's chief legal officer in January, is one of several Democrats who won control of statewide offices from Republicans on Nov. 3 for the first time since the 1990s.
Johnson did not discuss the specifics of any SpaceX-Tesla combination with Bloomberg and said his transition team hasn't been in touch with Musk, adding that "if Elon wants to talk, we can talk."
SpaceX and Tesla didn't immediately respond to USA TODAY's requests for comment.
Tesla is headquartered in Austin, and SpaceX's headquarters is at Starbase, Texas, near Brownsville.
SpaceX and Tesla could eventually merge, according to Barron's and Bloomberg, which reported in October that a combination of Musk's companies is "widely expected" by investors.
While the merger details have not been made public, Bloomberg reported in November that the deal could be announced as soon as December.
Mateo Rosiles is the Texas Connect reporter based in Austin for USA TODAY and its regional papers in Texas. Got a news tip for him? Email him at mrosiles@usatodayco.com.
This article originally appeared on USA TODAY: Texas AG-elect vows 'tremendous scrutiny' of SpaceX-Tesla merger
