Justus Palma, CEO of Fortuna Investment, said a merger of SpaceX and Tesla would create a single entity encompassing almost all of Elon Musk’s companies, remove operational overlap and reduce public-company management, legal and administrative costs. He added Tesla’s high-margin, cash-generative auto business—and potential incremental revenue from autonomous robotaxis—could help underpin SpaceX’s profitability and finance capital-intensive space projects, including orbital data centers.