Elon's payout depends on it

What do you want? Him to act in the shareholder's interest or something?

Yeah I'm definitely questioning what synergies there are between Tesla and SpaceX. What do electric cars and rockets have in common? Are they going to me a rocket powered car? Put a Tesla on the moon?

The only thing I can think that makes any sense at all is Teslas coming with Starlink terminals built in. That seems like a stretch though.

Of course. That's the one and only goal.

Why? Well, as Cory Doctorow said at the talk I attended earlier this week, they do this for the same reason a dog licks his balls: because they can and no one will stop them.

It's been discussed for at least a decade. A Wall St analyst even wrote a note suggesting it back in 2017 that was widely covered in the media. Most people think is very likely to happen eventually.

https://www.cnbc.com/2017/12/05/the-case-for-elon-musk-to-co...

People have been talking about this for much longer than four months.

That was my first thought. A underhanded way for Elon to further enrich himself.

Elon is such an honorable person that he will end up not do it, and we will worship him for that.

Interesting. So if there's a merger of SpaceX and Tesla, he gets back more Tesla.

Don't be ridiculous.

4.

or 4, or 5, or whatever makes Elon more money than he knows what to do with.

meh.. 10T or your not even trying.

It makes sense, he stopped contributing to Tesla significantly long time ago (he redirected the NVIDIA GPUs that were supposed to go for Tesla self driving to X.ai).

He wants full control back.

I'm not a Elon hater because of his politics. There are plenty of rich fucks out there with much more malevolent political views, though the Germans know that salute meant. I started making TikTok's about Elon because he tried building a rocket with agile methodologies more suitable for a smartphone app. On top of that, both starship and cyber truck are vanity projects constrained by his ego to embody his vision of what those things should be. He stopped listening to the smart people he has hired.

He overwork his people and burns them out. If he wasn't such an egotistical twat about his psroduct visions, starship might be flying commercial payloads and cybertruck might not be the worst pick up truck ever made.

So yeah, Elon is an incompetent leader. The companies are bad because you'll burn out if you work there.

Actually no. Asians have common decency to run separate businesses as separate companies. Samsung Electronics does a lot. But it really doesn't have direct hand in other business. Even if there is some ownership in them.

It is the Asian model of capitalism. David Oks did a great article about this focusing on Japanese firms in particular [1]

[1] https://davidoks.blog/p/why-japanese-companies-do-so-many

It would be like the old General Electric.

Yet another conglomerate

It only makes sense if Tesla does not have technology to jump the finish line of Optimus and Robotaxis. If they do have technology and can release those products, then SpaceX is only needed to improve margins on them as they can vertically integrate. I don't think they have technology...

It's very strange web site, something is off with the math, $9B cost of chemotherapy went away too fast.

Both companies are based in Texas, it's Tesla + SpaceX... TexLax?

MuskX

Not sure why this didn't occur to me earlier. It's always been the play, and it's probably ALSO why many Tesla investors went along with this IPO. It gets him control of Tesla again without paying him all those shares and without the lawsuits (though if I'm honest any decent anti-trust regulator would prevent it so this will likely need to happen in the next two years (while little to no competent governance is allowed)

They'll both be in the S&P, and combined would represent roughly 5%

This is a good question and I think it depends on who acquires who.

If we wants control and SpaceX acquires Tesla, then I think it drops out until there is profitability.

So he controls Y and Z!

It's incredible to think that there are still people who think Elon Musk is really involved in any positive way in the technology his companies' employees produce.

This seems like a narrative construction detached from reality . Tesla owners can just sell and buy spacex. Its not like tesla is down.

My guess is that it's all a scheme for Elon to get more control over Tesla. In a healthy system all those acquisitions and self-dealing would be blocked right away

Where I live (Orange County, California) they are selling decently well. There’s one parked in every street. I guess when you have a high Asian immigrant population, they ignore the politics and just buy what makes sense for them.

And it still is the most likely outcome; but now it wont be Elon losing 99% of his worth, it will be every pension and retirement, every index fund, every investment portfolio that 'must buy' into this simply because of the scale, regardless of the individual investors' best interests.

After losing 99%, Elon would still be worth 10B, but now the risk is with the investors? What is 1% remaining out of the portion of their individual net worth committed to one (or more) of these types of index funds out of a need for "safety?"

Oops, that's $100 remaining for every 10K invested; that's roughly the cost of a single steak dinner at a mid-grade chain restaurant.

I'm sorry, I just cant imagine that this really ends well. There simply isn't anything approaching reality in the profit:risks at SpaceX.

It's like the Martingale strategy for roulette, but if you figure out you have slightly better than 50% returns you have positive expected outcomes.

I don't know who told you Tesla is crashing, but [they lied to you.](https://www.tradingview.com/chart/cYRyThbO/)

Look at how many fuck ups there are with basically no repercussions; the dude is still rich.

Is any more proof needed that if you ride the coat tails of real engineers and have a propensity for screwing other people over that that is what success really is for a lot of people in business?

Just look to the number of huge companies with founding members or integral early members being forced out just as things are getting good ($$$).

Have you met Tesla shareholders?

They're all like "Tesla is an ai company now!!1!"

https://www.autoblog.com/news/tesla-is-an-ai-company-now