PANews reported on May 28th, citing CoinDesk, that CNBC, citing sources familiar with the matter, stated on Tuesday that Elon Musk is exploring the possibility of a merger between Tesla and SpaceX. A Tesla employee stated that such a deal has long been anticipated within the company. The increasing overlap between the two companies in the fields of power infrastructure and AI computing is driving this potential collaboration. This potential merger would also create one of the world's largest corporate Bitcoin treasuries.

According to publicly disclosed data and blockchain treasury tracking data, Tesla currently holds 11,509 bitcoins, while SpaceX holds 18,712 bitcoins. After the merger, the two companies will control 30,221 bitcoins, worth approximately $3.3 billion at current prices. This total would make the merged company the fifth-largest publicly traded company holding bitcoins globally. Neither Tesla nor SpaceX has publicly confirmed the merger plan.