Will Tesla Be Acquired by SpaceX?

Now that SpaceX (NASDAQ: SPCX) has successfully gone public, there is speculation that the company could acquire fellow Elon Musk-back company Tesla (NASDAQ: TSLA). Prediction market Kalshi already places the odds of it happening before May 1, 2027, at 54%, while SpaceX President Gwynn Shotwell has also floated the idea, saying it "might make Elon's life a little easier."

The two companies already share resources and personnel and buy products from each other. This includes SpaceX buying nearly $700 million in Tesla Megapack energy storage systems in 2024 and 2025 and $131 million in Cybertrucks. They also have closely aligned boards, and Musk holds 85% of SpaceX's voting power. Musk is also set to develop a giant chip manufacturing facility in conjunction with Intel to produce AI chips for both Tesla and SpaceX. READ MORE

What has SpaceX become?

SpaceX had its initial public offering last week. Now Elon Musk is a trillionaire on paper. But what is SpaceX? On one level, of course, SpaceX is a company that builds rockets and spacecraft and launches them into space. (Occasionally the rockets explode.) It is also the company that birthed Starlink, a satellite-internet business that generated more than $11 billion in revenue last year. READ MORE