Rumors of Musk integrating Tesla and SpaceX are heating up, with insiders saying it was anticipated long ago

As SpaceX approaches its IPO, speculation in the market about Elon Musk integrating Tesla and SpaceX has intensified. Insiders say that Musk has previously discussed the possibility of merging the two companies with internal personnel, and Tesla has long believed that the two sides may eventually move towards integration.

Reports indicate that the two companies have deepened their cooperation in the AI infrastructure field in recent years, sharing executives, technology, and supply chains, and have begun collaborating in areas such as energy storage systems, vehicle procurement, and GPU order allocation. Legal experts state that if a merger is pursued, antitrust resistance may be limited, but valuation, share exchange ratios, and coordination of shareholder interests will be relatively complex.