Hoffman: SpaceX Is Going Public to Eventually Merge with Tesla
Liz Hoffman · OpenAI's TBPN Mistake, SpaceX’s $2 Trillion IPO?, Iran Disables Amazon Infrastructure · Apr 6, 2026 · at 34:53
Semafor's Liz Hoffman discusses the strategic rationale behind SpaceX's reported IPO and Elon Musk consolidating his corporate empire.
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“I think one of the underappreciated reasons that, that they are taking SpaceX public is to merge it with Tesla ultimately, right? Like Elon Musk has been collapsing his empire. And just as a practical matter, it's pretty hard for a private company, even a big one to buy a big public company. It just doesn't work that well. You got to come up with a lot of cash, can't use your stock. And so I would assume that Tesla gets merged in at some point.”
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