# SpaceX, Tesla, Starlink and artificial intelligence company xAI already share resources and collaborate on areas such as power and computing infrastructure.

*aerospace, robotics · news · 2026-05-27 · Moneycontrol*

## Key points

- Elon Musk is considering merging SpaceX and Tesla under one holding company structure.
- SpaceX will reportedly go public on Nasdaq in just over two weeks under the symbol 'SPCX'.
- Regulatory filings reveal SpaceX lost $4.9 billion in 2023 despite $18.6 billion revenue.
- Over 75% of SpaceX's $10.1 billion Q1 2024 capital spending was on artificial intelligence investments.
- Tesla bought $2 billion of xAI shares before xAI merged with SpaceX in February.

Elon Musk is exploring the possibility of bringing SpaceX and Tesla under one umbrella as SpaceX prepares for a public listing in just over two weeks, CNBC reported, citing a person familiar with the matter. According to the report, SpaceX, Tesla, Starlink and artificial intelligence company xAI already share resources and collaborate on areas such as power and computing infrastructure. SpaceX merged with xAI earlier this year and was valued at around $1.25 trillion following the transaction. Regulatory filings related to the proposed Nasdaq listing show SpaceX generated $18.6 billion in revenue last year and posted a net loss of $4.9 billion. In the first quarter of this year, the company reported revenue of $4.7 billion and a net loss of $4.3 billion. The company is expected to trade under the ticker symbol “SPCX”. The filings also showed SpaceX spent more than three-fourths of its $10.1 billion capital expenditure in the first quarter on artificial intelligence-related investments. Tesla, meanwhile, is targeting capital expenditure of $25 billion this year, according to the report. The relationship between Musk’s companies has deepened over the past year. Tesla purchased $2 billion worth of shares in xAI before the AI company merged with SpaceX in February. Elon Musk and venture capitalist Ira Ehrenpreis serve on the boards of both Tesla and SpaceX, while Musk’s brother Kimbal previously served as a SpaceX director and currently sits on Tesla’s board. The reported discussions come as artificial intelligence infrastructure spending accelerates globally, driving demand for data centres, chips and computing capacity. Technology companies including Microsoft, Amazon, Alphabet and Meta Platforms have sharply increased AI-related capital expenditure over the past year. SpaceX’s planned listing is expected to be among the largest public offerings in recent years. The company operates launch vehicles, satellite internet service Starlink and space infrastructure businesses, while Tesla remains one of the world’s largest electric vehicle manufacturers. Musk crossed the $500 billion net worth mark last year and remains the world’s richest person, according to multiple wealth trackers. CNBC reported that the SpaceX listing could further increase his wealth if the company debuts at the valuation indicated in recent private transactions.

**Companies:** SpaceX, Tesla, xAI
**Countries:** USA

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