Lates News

As Musk prepares to lead SpaceX to go public, rumors regarding the company merging with Tesla are heating up. SpaceX is expected to begin trading on the NASDAQ in just over two weeks, after receiving a private market valuation of $1.25 trillion earlier this year when it merged with Musk's AI company xAI. Tesla currently has a market value of around $1.6 trillion. According to sources, the two companies have already shared a series of resources, and Musk has reportedly discussed the possibility of merging the two companies with colleagues. A current Tesla employee mentioned that many employees have long been anticipating such a merger and that the topic is openly discussed within the company. Another insider stated that the two companies often collaborate due to common challenges related to power and computing capabilities.