**[Strengthened Logic for SpaceX and Tesla Merger: "When to Merge" Becomes the Focus of Discussion]** Odaily Planet Daily News: Ten years ago, Elon Musk believed that SpaceX and Tesla had "weak connections" and insufficient reasons for a merger. Today, market discussions have shifted from "whether they will merge" to "when they will merge," with long-term investors considering the merger a foregone conclusion. Although Musk has not publicly confirmed this, he frequently mentions the "integration" of his businesses. SpaceX has also hinted in documents that it may issue a large number of shares, sparking speculation about potential transactions. In recent years, both companies have pivoted toward AI: Tesla is betting on autonomous driving and humanoid robots, while SpaceX acquired xAI and plans to deploy space data centers. AI is expected to become SpaceX's largest revenue source starting this year. The business ties between the two companies have significantly strengthened. SpaceX disclosed that it procures batteries and Cybertrucks from Tesla, while Tesla indirectly holds SpaceX equity due to the xAI acquisition. Although Musk dismissed the merger logic a decade ago, by 2025, he acknowledged synergies among the three entities in the fields of solar energy, AI, and satellites—technologies he views as critical for "harnessing massive amounts of solar energy." (Jin10)