Musk hints (again) at possible SpaceX, Tesla merger

Elon Musk suggested again at the All-In Summit that Tesla and SpaceX might merge or deepen their existing collaboration. He questioned whether the two companies would continue as separate entities despite numerous opportunities for joint work. Yahoo Finance attempted to contact SpaceX regarding Musk's merger comments but received no immediate response.

This is not the first time Musk has discussed the idea; prior to SpaceX's June IPO, he had spoken openly about a potential merger. The topic was also brought up during SpaceX's Q2 earnings call, though Musk refrained from confirming anything at that time. Musk emphasized that while there is significant overlap between the companies, especially with Terafab, they cannot discuss combining the companies during an earnings call.

A formal process would be necessary if a merger were to occur. The two tech giants are already deeply interconnected financially, with Tesla holding an equity stake in SpaceX and the two companies collaborating on various fronts. SpaceX has been a consistent customer of Tesla, purchasing batteries, energy products, and Cybertrucks, while Tesla integrates SpaceX's AI technology into its vehicles.

Musk's AI startup, xAI, is also embedding its AI model, Grok, into Tesla vehicles. Starlink, SpaceX's satellite internet service, is being integrated into Tesla's Cybercab fleet, and the upcoming Tesla Roadster reveal may feature SpaceX's thruster technology.