Robinhood's Sherwood News Asks Why Musk Hasn't Merged Tesla And SpaceX: Prediction Markets Give The Answer

Tesla Inc and SpaceX have already merged in everything but name, according to a new analysis from Sherwood News, the financial media outlet spun out of Robinhood Markets Inc. The piece, published today, lays out the case that Elon Musk’s empire is converging fast. Tesla poured $2 billion into xAI. SpaceX absorbed xAI in a $1.25 trillion all-stock deal. Tesla then converted its xAI shares into a SpaceX stake, per FTC filings dated March 11. Chamath Says Forget The IPO Chamath Palihapitiya doesn’t think Sp ...