'More and more overlap': Musk edges toward a Tesla-SpaceX merger

Yahoo Finance ·

Elon Musk addresses shareholder questions about a potential merger between Tesla (TSLA) and SpaceX (SPCX), noting their growing operational overlap before deferring to Tesla's General Counsel, who highlights their strategic partnership and joint work on initiatives like Terafab and Digital Optimus.

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Tesla CEO Elon Musk mentioned the potential merger of Tesla and SpaceX, stating that operational overlaps between the two companies are increasing. Tesla's General Counsel also highlighted joint initiatives such as Terafab and Digital Optimus, hinting at a strategic partnership. This announcement is drawing investors' attention to the possibility of future structural changes in both companies.

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