Tesla and SpaceX Both Bet on AI, Merger Seen as Likely

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โดย The Motley Fool·Read original

Summary · why it matters

Tesla and SpaceX, both led by Elon Musk, trade at extreme valuations driven by artificial intelligence ambitions rather than their core businesses. Tesla’s auto sales have been declining, yet its market cap exceeds $1.2 trillion and trades at more than 370 times earnings, while SpaceX recorded a $4.9 billion loss in 2025 but commands a valuation above $2 trillion. SpaceX’s IPO prospectus pegs its AI addressable market at $26.5 trillion, and Tesla is chasing a $10 trillion robotaxi opportunity. Betting markets give a 51% chance of a Tesla-SpaceX merger by March 2027, a move Musk’s biographer Walter Isaacson also expects.