Early SpaceX investor Peter Diamandis says a merger between Tesla (NASDAQ: TSLA) and SpaceX after the latter’s IPO is not a matter of possibility, but timing.
Diamandis made the remarks on Bloomberg Television, framing the potential combination as rooted in Elon Musk’s possible desire to consolidate control across his corporate empire.
The central issue driving the speculation is the contrast in voting structures between the two companies, which Diamandis identified as a key motivating factor.
Musk holds super voting rights at SpaceX, where he had 85.1% control before the IPO filing, but does not hold the same governance structure at publicly traded Tesla.
That disparity carries real weight, given that Musk has previously faced shareholder challenges at Tesla tied to governance and executive compensation matters.
SpaceX is currently headed toward a June IPO that could potentially become the largest initial public offering ever conducted.
The strategic logic behind a merger could also extend well beyond governance considerations, potentially reshaping the scope of what a combined entity could accomplish.
A merged company would bring together Tesla’s ground-based vehicle fleet with SpaceX’s space infrastructure, including Starship, creating a company operating across both terrestrial and orbital domains.
That combination could give Musk the ability to operate across Cybercab robotaxis, Tesla vehicles with compute and power capability, and broader infrastructure both on the ground and in space.
Bloomberg previously reported that Musk held talks about such a transaction before SpaceX’s combination with xAI, adding further weight to the idea that the concept has been actively considered.
Diamandis confirmed that he spoke with Musk broadly about the idea on two separate occasions, once in January and again in March, suggesting the conversation has remained open.
For Tesla investors, the prospect of a merger raises consequential questions about valuation, dilution, and the long-term strategic direction of a company that already spans electric vehicles, energy, and autonomous transport.
