US Stock Market: Tesla-SpaceX merger speculation grows after Musk leaves door open

Tesla CEO Elon Musk's comments about Tesla and SpaceX working together across multiple areas have reignited speculation about a potential merger between the two companies. Analysts at JPMorgan and Stifel noted substantial operational overlap, including shared engineering talent, AI infrastructure, and the Terafab semiconductor project, though regulatory and governance hurdles remain significant. The primary uncertainty now centres on the timing rather than the likelihood of such a combination.