Key Points SpaceX and Tesla work together on many projects, prompting many analysts and investors to wonder if and when a merger may take place. In a recent interview, Elon Musk once again pointed out the potential for companies if they were to collaborate more closely. 10 stocks we like better than Space Exploration Technologies › Elon Musk runs multiple companies, and given how interconnected their operations are, there is a glaring advantage in combining their efforts to realize synergies. Earlier this year, Musk merged xAI, which owns social media site X and the Grok chatbot, with his rocket company, Space Exploration Technologies Corp (NASDAQ:SPCX) , better known as just SpaceX.
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