Everybody's Business

Elon's Trillion Dollar Merger

Feb 6, 2026
Randall Williams, Bloomberg sports reporter covering the Super Bowl business and halftime spectacle. Dana Hull, Bloomberg tech reporter who tracks Elon Musk and corporate strategy. They dig into Musk’s plan to merge Tesla, SpaceX and xAI and the financial motives behind it. Then they unpack Super Bowl ad economics, Bad Bunny’s halftime role and how the game drives massive commercial value.
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INSIGHT

Financial Engineering Over Tech Logic

  • XAI is burning cash at a rapid clip, making it financially unsustainable alone.
  • Dana Hull frames the SpaceX acquisition as a financial engineering move to subsidize loss-making AI and social platforms.
INSIGHT

Merger Powers A Trillion-Dollar IPO Story

  • Combining SpaceX with XAI could lift SpaceX's private valuation above a trillion ahead of an IPO.
  • Dana Hull says Musk wants public-market acclaim and a retail investor base for his AI play through a SpaceX IPO.
ANECDOTE

Epstein Emails Contradict Musk's Claim

  • The Epstein files reveal Elon Musk invited Jeffrey Epstein to SpaceX and exchanged emails about visits.
  • Dana Hull highlights emails showing Musk discussed attending parties and solicited PR help via Epstein in 2013–2018.
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