skinny.

Latest / The John Johnston Lounge

Tesla Too? Elon Musk's SpaceX “in Talks” to Merge with xAI

John Johnston (JJ) breaks down reports that Elon Musk’s SpaceX is in merger talks with his artificial intelligence company xAI, and Elon is also considering merging Tesla with SpaceX, ahead of a planned IPO of SpaceX. This news comes on the heels of the latest Tesla Earnings, in which it was revealed that 2025 saw a profit fall of 46%, and Tesla is ditching its Tesla Model S and Model X lines, supposedly to make way for the mass-production of Optimus humanoid robots instead. Elon Musk is also touting the start of unsupervised Tesla robotaxis in Austin, but only a very few have been offering…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.