Bloomberg reports that Elon Musk’s SpaceX is considering merging with Musk’s Tesla . Earlier today, Reuters had reported that SpaceX was thinking of potentially merging with xAI ahead of SpaceX’s IPO this year. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said. ”Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.