“Who Can Imagine What Action One Might Take”: Musk’s Latest Non-Answer Sends Tesla and SpaceX Higher

Elon Musk seems to have developed a pattern: when asked explicitly whether he plans to potentially merge Tesla, Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX), he declines to respond either way, and both stocks move anyway. Musk was asked again at the All-In Summit in Los Angeles on September 14 why Tesla and SpaceX remain distinct companies, despite their growing ties. He termed it a "great question" and responded in a way that said little specific while reigniting speculation: "With all this collaboration, on so many levels, who can imagine what action one might take when there's so much close collaboration in so many areas." TSLA and SPCX shares rose overnight ahead of the September 15 session following the comment.