Chatter grows around SpaceX, Tesla merger, says report
Texas, May 27 -- Elon Musk is reportedly exploring the possibility of bringing his rocket company SpaceX, and electric car company, Tesla, under one roof, even as the former heads for a listing in just over two weeks, a CNBC report said.
SpaceX, which makes rockets, offers a satellite internet service called Starlink, and also has the artificial intelligence (AI) unit xAI, shares resources with Tesla even as they collaborate to find solutions to common challenges around power and compute constraints, the reported quoted a person, familiar with details, as saying.
SpaceX was valued at around $1.25 trillion earlier this year when it merged with Musk's artificial intelligence company xAI. Musk, who holds majority shares in SpaceX, could be...
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