SpaceX and Tesla already share talent and technological infrastructure, according to CNBC.
The integration would make the new company a giant with bitcoin reserves.
Elon Musk is evaluating a possible merger between Tesla and SpaceX, according to a report published by CNBC on May 26, 2026. The information points to internal conversations about integrating both companies after SpaceX’s future IPO, in a move that would combine electric vehicle, artificial intelligence, satellite internet and space exploration businesses under the same technological conglomerate.
He CNBC segment notes that executives close to Musk have discussed hypothetical scenarios about sharing artificial intelligence infrastructure, data centers, batteries, semiconductors and computing capacity. It also mentions that Both companies already share talent, engineering and some industrial projects linked to advanced manufacturing and technological development.
Although There is no official announcement or confirmed plansthe report reignited a rumor that already had circulated months ago on the market: the possibility that Elon Musk ends up unifying part of his most important companies to enhance technological and operational synergies.
One of the points that drew the most attention within the bitcoin (BTC) ecosystem is the impact the operation would have on corporate BTC reserves. Currently, Tesla holds 11,509 BTC in treasury, while SpaceX recently disclosed in an S-1 form with the United States Securities and Exchange Commission (SEC) that it holds 18,712 BTC.
As reported by CriptoNoticias, the SpaceX revelation was known just days ago, when The company officially confirmed its plans to go public and showed for the first time internal financial details. According to the document filed with the SEC, the 18,712 BTC were originally acquired for about USD 661 million, with an average cost close to USD 35,000 per coin. With bitcoin trading above $77,000 at the time of filing, reserves reached a value of over $1.45 billion.
If both companies were to merge, the new entity would control around 30,221 BTCbecoming one of the largest corporate holders of bitcoin in the world. The figure would almost reach the reserves of MARA Holdings, although still very far from Strategy, led by Michael Saylor, which maintains more than 843,000 BTC.
Beyond bitcoin, the report also feeds the expectations about the magnitude that SpaceX could reach after its IPO. The company reported revenue of $18.7 billion in 2025, up from $14 billion in 2024, driven primarily by Starlink and space launch contracts. Likewise, CNBC pointed out that some scenarios handled by the market They project a valuation close to USD 1.75 billion for SpaceX, with estimates that even point to USD 2 trillion.
However, the scenario also faces important obstacles. An eventual merger would open regulatory questions, valuation differences between both companies and possible conflicts of interest for Tesla shareholders. Part of the market also considers that the conversations described by CNBC could be discussed simply internal planning exercises with no real intention to execute.
Even so, the return of this rumor reflects a broader phenomenon: bitcoin continues to consolidate itself as a relevant asset within American corporate treasuries. Just a few years ago, the presence of BTC on corporate balance sheets was limited mainly to companies linked to the financial or mining sector. Today, technology and industrial companies such as Tesla and SpaceX show that corporate exposure to bitcoin is already part of diversification strategies, reserves of value and positioning for the digital future of finance.