Elon Musk said he considers merging Tesla with SpaceX a « good idea », an operation that would create a roughly $3.5 trillion technology giant combining AI, space exploration and electric vehicle manufacturing. Both companies have formed committees of independent directors to discuss the merger at shareholders’ request, although Musk cannot participate in the negotiations due to his conflict of interest. SpaceX reported exceptionally strong third-quarter results with revenue of $14.6 billion, up 161% year over year, including $7.6 billion from its « Super Intelligence » AI segment alone, representing 830% growth. If the merger proceeds, the combined Bitcoin reserves of both companies would reach 30,221 BTC, making it the sixth-largest public Bitcoin treasury in the world.
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