SpaceX (spaceflight, telecommunications, and AI) and Tesla (EV) are both founded by Elon Musk. However, both companies are suffering billion dollar losses in the last 3 years. The initial public offering (IPO) of SpaceX occurred on 12 June 2026. Not long after, there were discussion upon the possibilities of the merger of both companies. The two companies are jointly developing multibillion-dollar AI projects.