SpaceX and Tesla eye a merger: what’s at stake?

SpaceX and Tesla have set up special committees to explore a potential merger, *The Verge* reports. Elon Musk highlights synergies in AI and autonomous robotics, framing the move around space missions or self-driving vehicles. The two firms already collaborate on projects like Terafab (chipmaking) and Macrohard (software simulation), aiming to share resources amid technological and financial hurdles.

SpaceX reported $7.56 billion in AI-related revenue last quarter, largely from renting compute capacity to companies like Anthropic and Google. Tesla, however, posted a second straight quarter of declining profits, shifting focus to humanoid robots and autonomous taxis. While they already work together—buying Cybertrucks or tech partnerships—uncertainties linger over projects like Terafab, whose announced deadlines (first test in 2027, volume production in 2028) are seen as overly ambitious.

The merger could serve financial motives, such as securing priority access to Nvidia chips or consolidating AI infrastructure. Observers warn of risks like Musk’s conflicts of interest, missed deadlines, and lack of concrete details in official filings. Shareholders might see opportunity, but major technological and organizational uncertainties remain.