00:00One company makes electric cars. The other builds rockets. Now, a merger is on the table.
00:05Tesla and SpaceX are exploring a potential combination that could create a company
00:10valued at around $3.5 trillion. Both companies have established special committees to examine
00:16the idea, but there is no confirmed deal. Tesla brings its electric vehicles, charging network,
00:22and autonomous driving ambitions. SpaceX brings rockets, Starlink satellite internet,
00:27and a rapidly expanding artificial intelligence business. But their financial positions look
00:33very different. Tesla generated positive free cash flow during the first nine months of 2026,
00:39according to the reported figures. SpaceX, meanwhile, spent heavily on AI computing,
00:45rocket infrastructure, and satellite production, burning nearly $35 billion in cash over the same
00:51period. Combining the businesses could offer shared resources and financing options,
00:56yet valuation, shareholder interests, and corporate control remain major hurdles.
01:01For now, this is a proposal under discussion, not a completed merger.
01:06Disclosure. This video contains stock footage and content created or enhanced using AI-assisted tools.