Business October 23, 2026 at 11:06 AM

Tesla-SpaceX merger could fuel AI spending spree across Musk’s $3.5 trillion empire

CityAM

Elon Musk’s proposed $3.5 trillion (£2.6 trillion) merger of Tesla and SpaceX could unlock a wave of AI investment, giving the billionaire greater access to cash and borrowing power as he races to expand his tech empire.

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