The Musk Merger Myth: Why Wall Street Can't Let Go Rumors of a potential merger between Tesla and SpaceX have been circulating for months. Despite Elon Musk's repeated denials, speculation persists.
This fascination with a deal is not just about the structural logic of combining two companies with significant technological overlap in AI, manufacturing, and computing infrastructure.
Musk's reluctance to rule out a combination during Tesla's earnings call in July, combined with COO Gwynne Shotwell's acknowledgment of potential benefits from merging the businesses, has fueled the narrative.