Rumors intensify about Musk integrating Tesla and SpaceX; insiders say it has long been anticipated.

As SpaceX approaches its IPO, market speculation about Elon Musk’s potential integration of Tesla and SpaceX has intensified once again. According to insiders, Musk has previously discussed the possibility of merging the two companies with internal stakeholders, and Tesla’s leadership has long believed an eventual integration is likely. Reports indicate that the two firms have deepened collaboration in AI infrastructure in recent years—sharing executives, technologies, and supply chains—and have already coordinated efforts in energy storage systems, vehicle procurement, and GPU order allocation. Legal experts note that while antitrust hurdles would likely be limited if a merger proceeds, challenges related to valuation, share swap ratios, and alignment of shareholder interests would be highly complex.