Index: wp-includes/formatting.php
===================================================================
--- wp-includes/formatting.php	(revision 26974)
+++ wp-includes/formatting.php	(working copy)
@@ -257,7 +257,7 @@
 	$pee = preg_replace('!<p>\s*(</?' . $allblocks . '[^>]*>)!', "$1", $pee);
 	$pee = preg_replace('!(</?' . $allblocks . '[^>]*>)\s*</p>!', "$1", $pee);
 	if ( $br ) {
-		$pee = preg_replace_callback('/<(script|style).*?<\/\\1>/s', '_autop_newline_preservation_helper', $pee);
+		$pee = preg_replace_callback('/<(script|style|svg).*?<\/\\1>/s', '_autop_newline_preservation_helper', $pee);
 		$pee = preg_replace('|(?<!<br />)\s*\n|', "<br />\n", $pee); // optionally make line breaks
 		$pee = str_replace('<WPPreserveNewline />', "\n", $pee);
 	}
