How a SpaceX and Tesla Merger Would Reshape Musk’s AI Empire
Summary
Elon Musk said special committees at SpaceX and Tesla are examining a possible merger, but no deal has been signed and he cautioned it is not certain. A combined company could unite AI, chips, satellites, cars and robotics, while giving Musk an estimated 56% of voting control. SpaceX reported $14.58 billion in third-quarter revenue and its first quarterly profit since going public. The plan includes orbital AI data centers and a $16.8 billion Texas chip factory, though SpaceX has warned that orbital computing relies on unproven technology. Tesla shareholders would need to approve any deal, and national-security concerns could attract scrutiny. Shares in both companies rose after Musk’s remarks.
