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Musk Hints at Merging Tesla and SpaceX on Earnings Call: One Trillionaire, One Company for Cars, Robots, Rockets, and AI
Season 2026
Episode 128
Published 2 months, 2 weeks ago
Description
On Tesla's Q2 2026 earnings call, Elon Musk said there is 'more and more overlap' between Tesla and SpaceX and deferred merger questions to lawyers — the closest he has come to confirming consolidation talk that exploded after SpaceX's $2 trillion IPO made him the world's first trillionaire. Tesla posted record deliveries but negative free cash flow as capex triples toward $25 billion for Optimus, Robotaxi, AI compute, and the Terafab chip project with SpaceX and Intel.
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