Market discussion on the timing of Tesla and SpaceX merger, Musk acknowledges synergy among the three

Ten years ago, Musk believed that there were insufficient reasons for SpaceX and Tesla to merge, but now the market discussion is shifting towards the timing of the merger. Tesla is betting on autonomous driving and humanoid robots, while SpaceX acquires xAI and plans to deploy space data centers. SpaceX purchases batteries and Cybertruck from Tesla, and Tesla indirectly holds SpaceX's equity through the acquisition of xAI. Musk acknowledges in 2025 that Tesla, SpaceX, and xAI have synergies in the field of solar AI satellites.