Elon Musk’s flying Roadster was an ad for a SpaceX and Tesla merger after all

Elon Musk's Tesla Roadster that soared into the sky was merely a promotional stunt to promote a potential merger between his companies, Tesla and SpaceX. This revelation came after the roadster's debut, where Musk touted it as the result of close collaboration between the two firms. However, experts disagree, suggesting the stunt is merely a marketing ploy to boost the share prices of both companies.

Ferdinand Dudenhöffer, a director at the Center Automotive Research, finds the idea of SpaceX's cold-gas thrusters being implemented in production cars highly unlikely, comparing it to the fictional flying cars of the 1950s. He views the entire affair as a marketing fairy tale.

For a merger to occur, both companies would require shareholder approval. This would be easier for SpaceX, as Musk controls about 82% of its votes through super-voting shares, while he owns about 20% of Tesla and would need to win over a significant share of investors.

However, Musk's claim of synergy between the two companies is seen as a stretch. Tesla's AI products have failed, and SpaceX already has AI capabilities through SpaceXSI. Additionally, Tesla's Optimus humanoid robot, which Musk envisioned as a synergy, remains a prototype with no real-world application.

Musk's planned purchase of a Mars condo in the event of the merger was also noted, suggesting the timing of the announcement was not coincidental.