Speculation around SpaceX-Tesla merger builds up

CNBC's Seema Mody reports on speculation that Elon Musk has engaged in thought experiments about a SpaceX-Tesla merger. The report highlights shared talent, cross-collaboration on engineering issues, and the complexity of valuation given SpaceX's potential $1.5 trillion market cap. Starlink's profitability and the performance-based metrics Musk must meet are also discussed. - Elon Musk has been thinking about a potential merger between SpaceX and Tesla. - Both companies share key talent, including engineers and board members. - A merger would raise complex valuation questions for shareholders. - SpaceX's S-1 filing reveals performance-based metrics for Musk's bonus, including a $7.5 trillion market cap target. - Starlink is highlighted as a highly profitable and growing part of SpaceX. - American Airlines recently announced a deal to use Starlink Wi-Fi. - Musk retains 85% voting power in SpaceX, reducing potential pushback on a merger. - The report does not provide actionable investment recommendations.