Musk weighs SpaceX-Tesla merger in potential $3.5T deal

jornaleconomico.sapo.pt (Portuguese) —

Elon Musk confirmed SpaceX and Tesla are exploring a possible merger, which would combine companies valued at around $3.5 trillion and potentially become the largest corporate merger in history. The deal is not finalized, with special committees analyzing the union. Musk, CEO of both firms, recused himself from discussions due to conflicts of interest, though he called the idea "a good idea." The companies already collaborate on AI, robotics, and chips, including the Terafab partnership. The announcement coincided with SpaceX reporting strong quarterly revenue of $14.6 billion, driven largely by its AI segment.


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Musk weighs SpaceX-Tesla merger in potential $3.5T deal | News Minimalist