Elon Musk's Cryptic Post From Last Year Resurfaces Amid SpaceX–Tesla Merger Talks

2 hours ago 1

As reports astir a imaginable merger betwixt Elon Musk-led Tesla Inc. (NASDAQ:TSLA) and SpaceX surface, a station by the billionaire from past twelvemonth has resurfaced, which seemingly teases imaginable mergers betwixt Musk's enterprises.

In a station backmost successful November past year, Musk responded to influencer Sawyer Merritt aft the second shared a station detailing erstwhile Morgan Stanley expert Adam Jonas' views connected imaginable collaborations betwixt xAI and Tesla.

"My companies are, amazingly successful immoderate ways, trending towards convergence," Musk said successful the post. At the time, Musk could beryllium hinting astatine accrued collaboration. However, it raises the question: Was Musk teasing a merger the full time?

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My companies are, amazingly successful immoderate ways, trending towards convergence

The quality comes arsenic SpaceX is said to beryllium preparing for an IPO this year, with talks of its nationalist listing surfacing since Musk hinted astatine specified an lawsuit astatine the Tesla yearly shareholder gathering past November.

Now, the commercialized abstraction formation institution could beryllium acceptable for a nationalist debut successful June this year. Reports suggest 2 reasons for the timing: the archetypal 1 being a uncommon cosmic occurrence connected June 8 and 9, erstwhile the planets Jupiter and Venus volition align diagonally successful the sky, arsenic good arsenic Musk's day connected June 28. SpaceX is reportedly eyeing a valuation of astir $1.5 trillion.

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Meanwhile, Tesla held its fourth-quarter net telephone this week, which saw Musk announcing a propulsion towards autonomous vehicles arsenic Tesla discontinued the company's Model S and Model X vehicles.

The net telephone besides saw Musk announcing the fig of progressive Full Self-Driving (FSD) subscriptions, arsenic good arsenic Musk pushing towards in-house chipbuilding efforts with the ‘TeraFab.'

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