Dan Ives Sees Possibility Of Tesla Eventually Getting Merged With SpaceX And xAI

• Dan Ives envisions a scenario where Tesla’s energy, automotive, and AI capabilities might complement SpaceX’s aerospace operations and xAI’s artificial intelligence developments.
• Tesla CEO Elon Musk confirmed that SpaceX has officially acquired xAI, combining their efforts to create a vertically-integrated innovation ecosystem.
• Musk added that unlike traditional AI centers, SpaceX and xAI are exploring orbital solutions to meet the future demand for compute power.

Dan Ives, managing director at Wedbush Securities, on Tuesday suggested that Tesla Inc. (TSLA) could eventually be integrated into Elon Musk’s growing AI and space ecosystem, which includes SpaceX and xAI.

In a post on X, Ives noted that combining resources across space and terrestrial applications could create a more unified technological platform under Musk’s leadership.

Tesla stock traded over 1% higher in Tuesday’s premarket. However, on Stocktwits, retail sentiment around the stock remained in ‘extremely bearish’ territory amid ‘high’ message volume levels. 

Tesla And Musk’s Space AI Ambitions

On Monday, Tesla CEO Elon Musk confirmed that SpaceX has officially acquired xAI, combining their efforts to create a vertically-integrated innovation ecosystem that spans artificial intelligence, rockets, satellite internet, direct-to-device communications, and a global platform for real-time information and free speech.

He added that unlike traditional AI centers, which rely on massive terrestrial data hubs that consume enormous energy, SpaceX and xAI are exploring orbital solutions to meet the future demand for compute power without straining Earth’s resources. 

“Current advances in AI are dependent on large terrestrial data centers, which require immense amounts of power and cooling. Global electricity demand for AI simply cannot be met with terrestrial solutions, even in the near term, without imposing hardship on communities and the environment.”

-Elon Musk, CEO, Tesla 

How Tesla Could Fit Into Musk’s Broader AI Ecosystem

Dan Ives envisions a scenario where Tesla’s energy, automotive, and AI capabilities might complement SpaceX’s aerospace operations and xAI’s artificial intelligence developments. He believes this alignment could strengthen Musk’s broader vision of a seamless AI ecosystem spanning Earth and space technologies.

In late January, Ives had said that Tesla is entering what he sees as the most pivotal phase in its history, as attention shifts away from near-term vehicle deliveries and toward the company’s ambitions in autonomous driving and robotics.

TSLA stock has gained over 9% in the last 12 months. 

Also See: PepsiCo Boosts Shareholder Returns And Snack Affordability Amid Revenue Gains

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