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SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq

CNBC · May 26, 2026, 9:07 PM

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  • As Elon Musk prepares to lead a second trillion-dollar company into the public market, a move that will likely put him in charge of two of the 10 most valuable U.S.
  • Space X is expected to start trading on the Nasdaq in just over two weeks after obtaining a private market valuation of $1.25 trillion earlier this year, when it merged with xAI, Musk's artificial intelligence company.

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As Elon Musk prepares to lead a second trillion-dollar company into the public market, a move that will likely put him in charge of two of the 10 most valuable U.S. enterprises, chatter is building that Musk's ultimate goal is to combine the entities into one.

Space X is expected to start trading on the Nasdaq in just over two weeks after obtaining a private market valuation of $1.25 trillion earlier this year, when it merged with xAI, Musk's artificial intelligence company. Tesla's market cap currently sits at around $1.6 trillion.

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