Is Elon Musk really planning to merge SpaceX with Tesla?
Is Elon Musk really planning to put SpaceX and Tesla (TSLA) under one roof? It‘s all anyone’s talking about on Wall Street, in executive offices, regarding AI expenditure, rockets, and some strange family tree of businesses. SpaceX is getting ready for a Nasdaq listing in a little over two weeks, after hitting a private value of $1.25 trillion earlier this year through its merger with xAI. Tesla is already worth about $1.6 trillion. The merger talk did not come out of nowhere, because allegedly, Elon has already spoken with colleagues about combining the companies. One current Tesla employee reportedly told CNBC that many workers inside the EV company have expected this kind of deal for years, and that staff talk about it openly. Tesla and SpaceX already share boards, engineers, cash, batteries, trucks, and AI infrastructure Relationships between Tesla and SpaceX have many different aspects and are quite strong. Elon Musk serves on the boards of both firms. Another individual, who is a board member for both, is Ira Ehrenpreis, who founded DBL Partners. Kimbal Musk, Elons brother, is currently on the Tesla board and was previously a SpaceX director. Additionally, Antonio Gracias and Steve Jurvetson were board members of Tesla before switching their allegiance