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Elon Musk Tesla SpaceX merger proposal
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Elon Musk's Tesla and SpaceX are exploring a merger that would combine the carmaker, rocket company, and AI operations into a single entity valued over $3 trillion. Tesla's profit has declined amid heavy spending on AI and new technologies as the companies evaluate the deal.
- Proposed merger would consolidate Tesla, SpaceX, and AI assets into one company worth over $3 trillion
- Tesla's profit slumped while investing heavily in artificial intelligence and new technologies
- Elon Musk publicly stated the merger is a 'good idea'
- Deal would combine rockets, cars, and AI operations under unified ownership