Elon Musk weighs merging Tesla and SpaceX in historic $3.5 trillion deal
Elon Musk confirmed he is considering merging Tesla and SpaceX, a deal that would be the largest in history, with combined valuations of roughly $3.5 trillion. He said special committees have been formed to assess the potential deal, though no agreement is guaranteed. Musk, CEO of both companies, cited benefits from combining work on chips, AI, and other technologies, merging Tesla's cars and robotics with SpaceX's rockets and satellites. Shareholder approval is required, with half of Tesla's votes needed, a hurdle Musk called "quite high." Analysts see the merger as likely, potentially advancing Musk's Mars colonization mission and consolidating his control, though it could face regulatory scrutiny. Tesla drivers are unlikely to see immediate changes, and the deal may shift focus away from vehicles toward AI infrastructure.