CNBC Daily Open: SpaceX and Tesla may merge in the multiverse of Musk

A SpaceX space suit is displayed at an exhibit at The Great American State Fair on July 2, 2026 in Washington, DC. Kevin Carter | Getty ImagesHello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.Elon Musk is a man with many companies, but is now considering merging two of these, SpaceX and Tesla, saying that there could be potential cooperation across software, chips and more.Over in the artificial intelligence space, investors are also increasingly wary of the massive amounts of money being poured into data centers. What you need to know todaySpaceX makes rockets and satellites, while Tesla makes electric cars. Both have increasingly ambitious plans for artificial intelligence.Soon, they may be part of the same universe. On Tuesday stateside, Elon Musk said during SpaceX’s third-quarter earnings call that combining the two companies would be a “good idea,” adding that their boards had formed special committees to discuss a potential merger.Musk said there was considerable merit in bringing the businesses together, but he will not participate in the committees’ deliberations because he is a “conflicted party.”SpaceX itself reported t...