SpaceX president says a Tesla merger 'might make Elon's life a little easier'

SpaceX president says a Tesla merger 'might make Elon's life a little easier' — Businessinsider
Source: Businessinsider

SpaceX president Gwynne Shotwell said in a CNBC interview that Tesla and SpaceX are working toward the same goals and did not rule out a merger. "That might make Elon's life a little easier, actually," she said. Shotwell pointed to synergies and a convergence in what the companies are trying to accomplish, but emphasized she is focused on "keeping the lights on" at SpaceX and on the firm’s expansion plans rather than on any tie-up.

"I'm not focused on that part of the future, at least," she added. The companies have shared employees and board members and are collaborating on a $55 billion "Terafab" chip‑making project to build semiconductors for SpaceX's AI satellites and for Tesla's robotaxis and humanoid robots.

Tesla has also integrated xAI's Grok AI model into its vehicles and converted a $2 billion investment in xAI into a stake in SpaceX when the company merged with xAI.

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