SpaceX earnings focus on $16B AI spend, Tesla merger speculation

Photo: Dirk Schuneman / Pexels SpaceX is set to report its earnings, with a focus on artificial intelligence spending and the ongoing speculation of a merger with Tesla. The New York Times highlights the anticipation surrounding these developments, which have significant implications for both companies. SpaceX, which went public in June 2026, has been heavily investing in AI, spending $15.8 billion on AI infrastructure, including the xAI acquisition. The potential merger with Tesla remains speculative; however, analysts have identified SpaceX as the potential acquirer in an all-stock deal, adding fuel to market speculation. Key Takeaways Markets suggest increased speculation over a potential Tesla-SpaceX merger, following reports on SpaceX’s AI focus. The December 31 market shows a decrease to 17.5% YES, indicating skepticism about an imminent merger announcement. SpaceX’s AI spending is seen as a significant factor in assessing its financial position and merger feasibility. What to Watch The upcoming SpaceX earnings report is a critical event for markets as it may provide further insights into the company’s AI investments and potential merger discussions. Watch for any official an...