Early investor: "SpaceX and Tesla merger is a matter of time"

Early investor: "SpaceX and Tesla merger is a matter of time"

Following next month's initial public offering (IPO), there is a prediction that a merger between SpaceX and Tesla is inevitable, merely a matter of time.

Peter Diamandis, an early investor in SpaceX, made this prediction, stating that Elon Musk wants to strengthen his control over all his companies, Bloomberg reported on the 27th (local time).

In an interview with Bloomberg TV, Diamandis said that a merger of the two companies seems plausible because it could provide Musk with the super-voting shares he has in SpaceX (with an 85.1% stake) but not in Tesla.

He said, "I think it's a question of when the merger will happen, not if it will happen."

Diamandis, the founder of the X Prize Foundation, also hosted a podcast conversation with Musk this year.

Diamandis said that a merger of the two companies would allow Musk to secure "operational capabilities encompassing all infrastructure," including Cybertruck robotaxis and Tesla vehicles equipped with compute (computing resources) and power, thereby building "global infrastructure spanning land and space."

Musk has faced challenges from shareholders regarding governance and compensation issues due to his relatively smaller stake in Tesla.

Earlier, Bloomberg reported in January that Musk had discussed a merger between SpaceX and Tesla prior to the xAI and SpaceX merger.

Diamandis revealed that he extensively discussed this issue with Musk in January and March of this year.

Diamandis first invested in SpaceX in the late 2000s and has since founded or invested in numerous companies.

He became famous in the early 1990s by launching the X Prize Foundation, which offered a $10 million prize to the first team that successfully sent a reusable manned spacecraft into space twice within two weeks.