WSJ 报道马斯克拟围绕 AI 合并 SpaceX 与特斯拉
WSJ: Musk wants to combine a $2T rocket company with a $1.5T carmaker around AI.
《华尔街日报》报道，马斯克希望将估值 2 万亿美元的火箭公司 SpaceX 与估值 1.5 万亿美元的车企特斯拉围绕 AI 合并。SpaceX 的 AI 业务已成为其最大业务，第三季度收入 75.6 亿美元，去年同期为 8.13 亿美元；当季 196 亿美元资本支出中有超过 164 亿美元投向 AI。这一增长使 SpaceX 当季由 10.5 亿美元亏损转为 44 亿美元盈利，从而具备吸收特斯拉的财务体量。合并的 AI 逻辑是把特斯拉的 robotaxi 和 Optimus 机器人作为前端，把 SpaceX 的数据中心和卫星链路作为其依赖的基础设施。
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WSJ: Musk wants to combine a $2T rocket company with a $1.5T carmaker around AI.
SpaceX’s AI unit is now its largest business, with third-quarter revenue of $7.56B against $813M a year earlier, and more than $16.4B of its $19.6B quarterly capital spending went to AI.
That growth turned SpaceX to a $4.4B quarterly profit from a $1.05B loss, giving it the financial weight to absorb Tesla rather than the reverse.
The AI case for the merger treats Tesla’s robotaxis and Optimus robots as the front end and SpaceX’s data centers and satellite links as the infrastructure they would depend on.