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Crypto

Tesla-SpaceX merger possibility raised, with bitcoin also in scope

Elon Musk has formalised the possibility of a merger between SpaceX and Tesla, saying each board has set up an independent special committee to review it, while cautioning that treating a deal as certain would be an exaggeration. A combined company would integrate assets including Grok, X, Starlink, Tesla’s robotaxi and Optimus, and projects such as Terafab chips and the Starmind orbital data centre plan. The companies hold 30,221 bitcoin in total.

Industry

Musk says Terafab to be built and run directly by Tesla and SpaceX, dismisses TSMC role

Elon Musk (일론 머스크) said the Terafab semiconductor plant being pursued in Texas will be built and operated directly by Tesla and SpaceX, dismissing market speculation that TSMC could take over or broadly participate. He said TSMC could sublease part of the facility if it wants, but nothing more. He also said Intel remains the core technology partner. The project targets advanced chips for Tesla, SpaceX and xAI-related uses.

Industry

Musk says talks under way on TSMC, Terafab tie-up; Intel shares fall

Intel shares fell more than 4 percent in U.S. premarket trading after a report said talks between Terafab and TSMC were confirmed. The market reaction followed Elon Musk acknowledging the possibility of TSMC joining a Texas semiconductor project in which Intel already participates. No official agreement has been announced. Documents related to SpaceX’s SEC filings indicated Intel’s role is not fixed and individual projects depend on separate negotiations and contracts.