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Things to Do in L.A. Tap to enable a layout that focuses on the article. SpaceX and Tesla, both led by Elon Musk, may combine in a historic merger. See more from the L.A. Times in Google Search. Elon Musk says SpaceX and Tesla are considering a tie-up that could become the largest corporate merger ever, bringing rockets, electric vehicles and artificial intelligence under one roof. The goal would be to combine SpaceX's computing, as well as Starlink and AI capabilities with Tesla's robotaxis, autonomous-driving plans and robots.

Wall Street has projected Tesla to report $27.9bn in revenues. Wall Street has projected Tesla to report $27.9bn in revenues. Musk says'there's a lot of merit' to potential merger that would require approval of 50% of all Tesla shareholders, but he declined to elaborate Investors were paying close attention to Tesla's third-quarter earnings call on Wednesday afternoon, after chief executive Elon Musk floated the idea of merging the car company with his rocket and AI company, SpaceX. But they didn't glean further information after the company announced there would be no questions on the matter. "With regard to a potential merger with SpaceX, I think I said everything that should be said yesterday," Musk, the CEO of both companies, said on Tesla's earnings call.

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Why does Elon Musk want to merge Tesla and SpaceX? Elon Musk has spent years building Tesla and SpaceX into a pair of trillion-dollar technology empires. Now, he is considering bringing them together . Asked on Tuesday whether a merger would be a good idea, Musk was clear: Yes. The prospect is more than hypothetical.

Tesla CEO and X owner Elon Musk attends the VivaTech conference in Paris on 16 June 2023. Tesla CEO and X owner Elon Musk attends the VivaTech conference in Paris on 16 June 2023. This was originally published in TechScape, a newsletter about how technology shapes our lives. Elon Musk's SpaceX is the single largest satellite operator in the world, larger than any government space bureau. The life-threatening consequences of that dominance and centralization of power are on full display.

Get ready for a Tesla megamerger with SpaceX. This gift link is valid through . There was an error with your gift link. Become a member to share 10 free articles a month. This gift link is valid through .

Ukrainian forces said its battlefield efforts were temporarily hampered after losing some access to SpaceX’s military-grade satellite Internet service. Experts tell TIME why Starshield is so uniquely important on the Ukrainian battlefield.

A Ukrainian serviceman prepares a Starlink satellite internet systems near the front line in Donetsk region, Ukraine, in 2024. WASHINGTON - Ukraine said on Wednesday that Elon Musk's SpaceX had restricted "military-grade" Starlink services, hampering Ukrainian drone strike missions and air defenses. The complaint has drawn renewed attention to the distinction between Starlink, SpaceX's commercial satellite internet service, and Starshield, a military version developed for the Pentagon. While Musk has said the two systems are separate, in many cases they share the same underlying satellite technology. "Starshield systems are owned and controlled by the U.S. government," Musk said on Wednesday in a post on social media platform X, adding that any limits on speed or usage are decided by the U.S. military or the U.S. president.

Ukraine is pressing SpaceX to reverse new Starshield satellite service restrictions that a source says could hamper interception of Russian Shahed attack drones.