‘A good idea’: Elon Musk’s Tesla and SpaceX exploring merger to create $5 trillion giant

The Sydney Morning Herald - Oct 20, 2026

Elon Musk says the companies have taken preliminary steps towards sealing what would rank as the largest corporate tie-up of all time.

Read full article

More News

Critica tables monster $2.7B valuation for WA rare earths play
Oct 20, 2026

Critica tables monster $2.7B valuation for WA rare earths play

Critica Limited’s WA rare earths scoping study has delivered a huge $2.7 billion pre-tax valuation, 56% IRR and $556 million in upfront capital earmarked for a 14-year operation.

China’s export boom is becoming its Achilles heel
Oct 20, 2026

China’s export boom is becoming its Achilles heel

China is on track for a record trade surplus, but is facing increasing pushback from the countries whose economies are being ravaged by its flood of exports.

ASX falls despite AI rebound on Wall Street; NAB and BHP decline
Oct 20, 2026

ASX falls despite AI rebound on Wall Street; NAB and BHP decline

The Australian sharemarket was on the back foot in Tuesday’s session, with miners, energy stocks and banks leading losses.

It’s the management stupid; Dollar Bill says back the skipper, not the ship
Oct 20, 2026

It’s the management stupid; Dollar Bill says back the skipper, not the ship

Boards change, projects change and even company names magically morph, but Dollar Bill asks whether it is real change or just the tired old format re-polished.

NAB slashes 2500 jobs amid fears other banks will swing the axe
Oct 19, 2026

NAB slashes 2500 jobs amid fears other banks will swing the axe

The National Australia Bank has announced it will axe up to 2500 jobs over this financial year, while also reducing the use of external consultants.

CNN anchor Christiane Amanpour to leave after 43 years
Oct 19, 2026

CNN anchor Christiane Amanpour to leave after 43 years

The network’s chief international anchor will sign off next year as CNN comes under controversial new ownership after the biggest media deal in history.

‘We want to show our sincerity’: Stax to relaunch with credit program for lost orders
Oct 19, 2026

‘We want to show our sincerity’: Stax to relaunch with credit program for lost orders

The activewear label is under new management, but has brought back some familiar faces – and is keen to set things right.

The China car flood is out of control
Oct 19, 2026

The China car flood is out of control

China is addicted to making cars, and it is dragging down the entire industry.

Kaiser gold loan exit frees $600K a month for mine growth
Oct 19, 2026

Kaiser gold loan exit frees $600K a month for mine growth

Kaiser Reef has repaid its Auramet gold loan, a move that boosts its monthly cash flow by about $600,000. The Henty gold mine in Tasmania fully funded the debt.

Forget tall poppy syndrome, corporate Australia is a second-chance saloon
Oct 19, 2026

Forget tall poppy syndrome, corporate Australia is a second-chance saloon

AI start-up Firmus’ planned public listing wasn’t derailed by its boss’ history. Will a retail chief’s alleged lies denying an affair scupper his shot at a float?

Accelerate hits manganese jackpot with 59.6% Pilbara grades
Oct 19, 2026

Accelerate hits manganese jackpot with 59.6% Pilbara grades

Accelerate Resources has unearthed near-60% manganese rock chips at its Woodie Woodie North project in WA, bolstering a 12km underexplored mineralised corridor.

Great Southern uncovers new high-grade hits in WA gold hunt
Oct 19, 2026

Great Southern uncovers new high-grade hits in WA gold hunt

Great Southern has hit high-grade gold in maiden RC drilling near Laverton in WA, with a top hit of 5m at 6.71g/t, including 3m at 10.4g/t, along a 4.7km corridor.

Recommended

Sign Up Now

Subscribe to us for the latest news from Banking Reporter

ABOUT US
Banking Reporter

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Copyright © 2015 - 2026 Banking Reporter. All Rights Reserved.