SpaceX's president hints at a Tesla merger: 'That might make Elon's life a little easier'

Gwynne Shotwell, president of SpaceX, said she would not rule out a merger between the rocket company and Tesla. The comment came in a CNBC interview aired Friday.

Shotwell said the two companies share the same long-term goal of advancing technology and making life multiplanetary. "Maybe it would make Elon's life a little easier," she said, referring to Elon Musk, who controls both companies.

The remark added fresh fuel to a recurring rumor. Investors have periodically speculated about a tie-up that would combine Tesla's manufacturing and battery expertise with SpaceX's rocket and satellite operations. Neither company has commented further.

A merger would face regulatory scrutiny, particularly given Musk's role as CEO of both entities and the overlapping supply chains. For Tesla shareholders, the prospect raises questions about valuation. SpaceX is private and valued at roughly $200 billion in secondary markets.

Tesla shares were little changed in after-hours trading following the comments. No timeline for any merger discussions has been disclosed.