Tesla and SpaceX Merge for AI Compute

Elon Musk says special committees at Tesla and SpaceX are actively considering a full merger that would combine car manufacturing, Starlink satellite internet, and now a growing cloud compute business into one firm valued in the trillions. That merger would align chip and AI engineering, consolidate data and compute capacity, and require major shareholder and likely regulatory approval. — If completed, the deal would concentrate enormous AI compute and hardware capacity in a single corporate actor, raising competition, national‑security, and governance questions about industry concentration and state oversight.