Tesla and SpaceX are scheduled to report third-quarter earnings on consecutive days this week, putting Elon Musk’s two largest companies under intense investor scrutiny. Their results will offer a direct look at how Musk’s ambitious, costly AI initiatives are affecting profitability and cash flow.
The reports come as speculation grows about a potential merger between the companies. Analysts say a deal, potentially involving SpaceX acquiring Tesla, could be announced before Tesla’s annual meeting on December 3.
Investors will watch Tesla’s automotive margins and Starlink’s revenue growth for signs of the companies’ ability to fund ongoing AI spending.