What Happened
Trillion Dollar Companies May Become One Entity Under Musk
Elon Musk has reportedly held discussions about potentially merging Tesla with SpaceX, according to CNBC, citing people familiar with the talks. Analysts, including WedBush Securities’ Dan Ives, predict a high likelihood of a merger in 2027, with some betting markets favoring a deal before May 1, 2027. The potential merger could allow Musk to control more of the AI market and create a more integrated approach to his companies. The news was first reported by Forbes.