Visible Alpha Insights

SpaceX would bring the world's dominant rocket business and Starlink satellite communications network.

The combined company would employ more than 155,000 people and generate a combined $153 billion in revenue this year, according to analyst forecasts compiled by Visible Alpha." But it would also have negative free cash flow of at least $54 billion, those analysts expect, with Musk's spending plans on AI infrastructure, chip fabs and rockets growing by the day.

The deal would also tighten Musk's grip on Tesla.

He controls about 84% of the votes at SpaceX through super voting shares, compared with roughly 20% at Tesla, where each share carries one vote.