Technology
Musk backs study of Tesla SpaceX merger near $3.5 trillion
Livemint·
Elon Musk said yes when asked if merging Tesla and SpaceX made sense, adding special committees are studying a deal without any agreement yet. Livemint cited approximate valuations of $1.5 trillion for Tesla and $2 trillion for SpaceX, implying a $3.5 trillion combined entity. Musk linked cooperation to chip design, Terafab, robotics and Starmind orbital data centers.
Prism
What It Means For You
- Tesla shareholders could gain indirect exposure to Starlink launches and SpaceX contracts if a merger closes.
- SpaceX investors would inherit Tesla auto, battery and Optimus robotics lines through one listed vehicle.
- Musk said Terafab chip volume production could start by late 2028 for vehicles and data centers.
What's Happening
- Musk formed committees to examine the combination but cautioned certainty is absent.
- He cited AI, robotics, semiconductor and satellite businesses as reasons to cooperate more closely.
- Reuters noted differing national-security exposure between SpaceX defense work and Tesla's China factory.
Single-stock exposure to Musk firms
- SpaceX serves US military, intelligence and NASA missions while Tesla operates a large Shanghai plant.
- Starlink connectivity could link robotaxis and Optimus robots where terrestrial networks lag, Reuters said.
- Tesla battery expertise could power SpaceX computing projects needing large electricity supplies.
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