Svmuu News: Ten years ago, Musk believed that SpaceX and Teslahad “weak ties” and that there was insufficient justification for a merger. Today, market discussions have shifted from “whether” to “when” the merger will take place, and long-term investors believe the merger is a foregone conclusion.Although Musk has not publicly confirmed it, he has frequently mentioned the “convergence” of his businesses, and SpaceX has also hinted in filings at a potential large-scale stock issuance, fueling speculation about a deal.
Both companies have been transitioning toward AI in recent years: Tesla is betting on autonomous driving and humanoid robots, while SpaceX has acquired xAI and plans to deploy space-based data centers; AI is expected to become SpaceX’s largest source of revenue starting this year.The business ties between the two companies have clearly strengthened: SpaceX has disclosed that it purchases batteries and Cybertrucks from Tesla, and Tesla indirectly holds a stake in SpaceX through its acquisition of xAI.Although Musk dismissed the logic behind a merger a decade ago, in 2025 he acknowledged synergies among the three companies in the fields of solar energy, AI, and satellites—technologies he views as key to “harnessing vast amounts of solar energy.” (Jin Shi)