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Tesla-SpaceX Merger Is Elon Musk’s Biggest AI Bet Yet

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A Tesla-SpaceX Merger Would Make a Daunting Foe — For Now Musk is betting his empire on the AI infrastructure business, which has become a cash machine. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter.

A Tesla-SpaceX Merger Would Make a Daunting Foe — For Now Musk is betting his empire on the AI infrastructure business, which has become a cash machine. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter. Every weekday we’ll break down artificial intelligence’s threats and opportunities for businesses, workers, finance and economies. Sign up now if you’re not already on the list. After months of rumors, Elon Musk confirmed that Tesla and SpaceX are working towards a merger, and AI — which was not the business of either company — is the big reason driving the combination. SpaceX just showed that AI revenue is already surpassing that of the firm’s prior primary driver: connectivity. There’s fresh evidence, in other words, that AI can generate billions for SpaceX. At least, for now.
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