SpaceX, Tesla merger expected post-IPO

An early investor in SpaceX anticipates a potential merger between Elon Musk's aerospace and automotive companies following SpaceX's initial public offering. This strategic move could allow Musk to consolidate his leadership and influence over both Tesla and SpaceX. The investor, Peter Diamandis, also the founder of the XPrize Foundation, shared this perspective during an interview on "Bloomberg Tech." Such a combination would represent a significant consolidation of Musk's ventures, potentially streamlining operations and enhancing his control across his diverse business empire.