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BUSINESSJun 12 · 11:06 UTCBUSINESS INSIDERTom Carter ([email protected])

SpaceX's president hints at a Tesla merger: 'That might make Elon's life a little easier'

SpaceX president Gwynne Shotwell did not rule out a potential merger between Tesla and SpaceX, noting possible synergies and that it 'might make Elon's life a little easier.' Analysts and investors have increasingly speculated about a merger, with Wedbush Securities' Dan Ives predicting a 2024 consolidation. The discussion follows SpaceX's $75 billion IPO, valuing it at $1.75 trillion compared to Tesla's $1.25 trillion market cap.

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