The new generation Roadster released today incorporates some of SpaceX's technology into Tesla's sports cars, allowing the outside world to intuitively see the technological integration of the two companies and once again sparking discussions about a merger. There have been rumors of a merger between SpaceX and Tesla for a long time, and with the deep coupling of the two companies in terms of products, technology, and strategy, the signs of a merger have gradually emerged. Business Two companies jointly promote Terafab: Tesla needs chips produced by Terafab to provide computing power for Optimus humanoid robots and cars. In the future, Tesla will become an AI robotics company, but also produce electric vehicles. SpaceX also needs Terafab chips to provide computing power support for StarMind's orbital data center and Grok. Optimus, as Tesla's most core product for the future, requires SpaceX's AGI model to provide it with intelligent capabilities. Cybercab requires Starlink, and Starlink's mobile communication services can also be deployed on a large scale and equipped in Cybercab fleet terminals to solve the communication problem of Robotaxi in areas with insufficient cellular network coverage. SpaceX's future moon/Mars exploration missions will require a large number of autonomous robots to perform construction, maintenance, and exploration work, and Optimus can play an important role Optimus can participate in the automated production operations of SpaceX's ground rocket factory and satellite factory. SpaceX is procuring Tesla's Megapack energy storage system on a large scale for facilities such as AI data centers, with sales revenue reaching $405 million in the first half of 2026 alone. Additionally, the second-generation Roadster, released today, is a joint project between Tesla and SpaceX that utilizes SpaceX's cold air propulsion technology. person As the CEO of two companies, Elon's merger can unify strategic decisions, more efficiently allocate capital, talent, and technological resources, reduce cross company coordination costs, and further integrate control over the entire business empire, contributing to the ultimate goal of "promoting humanity as a multi planetary species". During Tesla's earnings conference call on July 22 this year, Elon Musk was asked about the possibility of a merger between the two companies, but did not explicitly deny it. He only stated that the merger requires following appropriate procedures, and his attitude was somewhat ambiguous. The team has been promoting talent sharing, such as Charlie Kuehmann, who joined in 2015 and serves as a materials engineering executive for both Tesla and SpaceX, while the Terafab project also brings together engineering teams from both sides The resistance is also significant Due to the different shareholder structures of the two companies, it is difficult to reach a consensus on the conversion ratio and valuation Regulatory scrutiny can be troublesome, as SpaceX has sensitive aerospace, communications, and government businesses, and Tesla has an important Shanghai Gigafactory in China, which could amplify data privacy and security issues. Previously, rumors of Tesla splitting off its Shanghai factory arose from this I hold both TSLA and SPCX stocks and will observe their changes.