AIET Techabout 2 hours ago
Musk doesn't rule out Tesla-SpaceX merger
3 min read
Elon Musk hinted at a Tesla-SpaceX merger on Tesla's Q2 2026 earnings call, citing growing overlap between the companies. Tesla's $1.1 billion GAAP net income included roughly $750 million from a mark-to-market gain on its SpaceX stake. Tesla and SpaceX have a framework agreement for Terafab, and Starlink is being integrated into Tesla vehicles.
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