Elon Musk
Elon Musk is floating a SpaceX-Tesla merger pitched as a $3.4 trillion giant, and Fortune says it would lose money from day one. that’s the whole tell: the scale is meant to overwhelm the arithmetic, not replace it. space x and tesla are each already doing very different jobs, so stapling them together does not magically produce cleaner cash flow. a structure that big would also drag both names into one balance sheet, one story, and one set of problems. when the headline has to lead with the valuation and the warning in the same breath, the market is being asked to admire the number first and ask questions later.
https://fortune.com/2026/05/31/spacex-tesla-odds-of-merging-could-it-happen/