Elon Musk has discussed combining SpaceX and Tesla, which already share resources and personnel internally. SpaceX spent $10.1 billion in Q1 capex (over 75% on AI) while Tesla plans to exceed $25 billion in annual capex, with $697 million in Megapacks and $131 million in Cybertrucks purchased.
Elon Musk has held internal discussions about combining SpaceX and Tesla, reflecting long-standing anticipation among employees. Both companies already collaborate closely on power, compute and personnel, indicating operational alignment ahead of any formal merger proposal.
SpaceX allocated $10.1 billion in capital expenditures during Q1, with more than 75% focused on AI developments. Tesla projects its annual capex to more than triple this year, topping $25 billion to support EV production and technology expansion.
Key figures serve on both boards, including Elon Musk, his brother Kimbal Musk and venture capitalist Ira Ehrenpreis, with Charles Kuehmann holding vice president roles at both firms. This leadership overlap facilitates coordination on strategic initiatives and resource allocation.
SpaceX purchased $697 million in Tesla Megapack energy storage systems and $131 million in Tesla Cybertrucks, while Tesla invested $2 billion in xAI before its merger with SpaceX. Historical deals also include Tesla supplying solar equipment and car parts, and SpaceX providing private jets and specialty alloys for Cybertruck development.
