Musk signals Tesla's deepening cooperation with Space X, but refuses to discuss merger of two companies
On July 20, 2026, a fleet of Tesla Cybertrucks was parked at a charging station outside the Space Launch Manufacturing Plant at the Star Base in Texas, USA. According to transcripts compiled by Refinitiv, Elon Musk said on Wednesday night The earnings call stated that Tesla and SpaceX are deepening cooperation in multiple project dimensions, but did not respond to whether the two companies may merge in the future. “As you can see, Tesla and SpaceX have carried out extensive cooperation in many fields, and the business overlap between the two parties continues to increase. The Terafab chip factory project is particularly typical,” Musk said. “This is destined to be an extremely large and major project.” Subsequently, Musk indirectly responded to various market speculations about the deep binding of the two companies: "Obviously, the earnings call is not suitable for discussing topics such as corporate mergers. Related matters must be promoted through compliance and formal procedures." This statement will most likely cause investors to continue to speculate that the two companies will move toward deep integration. This car company and aerospace company have already achieved technological interoperability and sharing of R&D talents, and both have Musk as CEO.