Business & economy Technology & AI Science

Musk backs exploring a SpaceX–Tesla merger as SpaceX swings to profit

SpaceX swung to a $4.4bn profit on revenue up 161% to $14.6bn, driven by AI and data-centre capacity. Both SpaceX and Tesla boards have formed committees, and Musk calls a merger a 'good idea' but not a certainty.

L 55%C 17%R 28%

L 55% · C 17% · R 28% · 29 outlets

Left 0 · Centre-left 16 · Centre 5 · Centre-right 4 · Right 4

Sources by lean Follow the money More coverage

How each side framed it

Left-leaning outlets

Scale and risk: 'Rockets, robots and risk' (FT); governance concerns (Musk cannot sit in the committees). Explainers on 'what could go wrong'.

Centre outlets

Centre-rated outlets headline it: “Musk backs SpaceX-Tesla merger as rocket firm turns profit” (France 24); “Tesla and SpaceX: Why does Elon Musk want to merge the companies?” (BBC News).

Right-leaning outlets

Markets and success: 'blowout earnings' and 'revenue surge 161%' (NY Post, Newsmax); '$3.5 trillion man' (Daily Mail).

Holding the paradox

Agreed facts

SpaceX revenue rose 161% to $14.6bn and it swung to a $4.4bn profit, driven by AI and data-centre capacity. Both boards formed special committees. Musk calls a merger a 'good idea' but says it is not a certainty.

Where claims conflict

Valuation (about $3.5–3.6tn combined) and likelihood. There is no left/right factual dispute.

The paradox

This is a business story with little partisan split in volume. The divide is in tone, risk versus triumph, and the facts support both: strong earnings and real conflict-of-interest questions.

Sources by lean

Balanced: the same number of articles from the left, the centre and the right (up to 3 each). The bar above still counts every rated outlet we found. Bias and factual ratings come from Media Bias/Fact Check. How we balance · All ratings.

Showing 3 from each side of 29 rated outlets (L 16 / C 5 / R 8). More coverage

Follow the money

Not yet researched. We haven't yet looked at who gains or loses financially from this story, or who funds the main voices on each side. When we do, we check company filings, the Electoral Commission donations register, lobbying registers, annual reports, InfluenceMap and OpenSecrets, and we apply the same checks to every side. How we follow the money.

Who owns or funds the outlets covering this story (29 outlets)

Outlet	Lean	Ownership & funding (MBFC)
Al Jazeera	Centre-left	Al Jazeera is owned and funded by the state of Qatar. The founder and Chairman of the Board is Sheikh Hamad bin Thamer Al Thani, a member of Qatar’s ruling family, the House of Thani. According to a Fortune article, i n 2016, state-funded broadcaster Al Jazeera laid off 500 workers due to Qatar’s financial troubles resulting from low global prices for oil and natural gas. source
Associated Press	Centre-left	The Associated Press (AP) is a nonprofit news cooperative with a profit of $1.6 million in 2016. It also sells content to other media organizations. According to an article titled “ AP reports loss on one-time accounting charges,” t he Associated Press lost $74 million in 2017, and it states the reason as “mostly due to one-time accounting charges related to the federal tax overhaul passed late last year.” source
Axios	Centre-left	Cox Enterprises, a significant media conglomerate in the U.S, primarily own Axios. The outlet generates revenue primarily through advertising, native content, and sponsored newsletters. Unlike some outlets, Axios does not rely on subscription fees, allowing its content to remain widely accessible. source
Bloomberg	Centre-left	Michael R. Bloomberg is the founder and majority owner of Bloomberg LP (The parent company of Bloomberg News). According to Investopedia, Bloomberg Terminal (remote software used to access financial information) is the most expensive among financial data providers. source
CNBC	Centre-left	CNBC is owned by NBC Universal, which Comcast owns. Comcast’s Chairman and Chief Executive Officer (CEO) is Brian L. Roberts, founded by his father, Ralph J. source
CNN	Centre-left	No ownership data found
Deutsche Welle	Centre-left	The German government funds Deutsche Welle (DW). They state, “DW is financed via funding from the state – i.e., from tax revenue. This is in contrast to the domestic public channels, which are funded via broadcasting fees.” source
Euronews	Centre-left	Euronews is owned by Alpac Capital, a Portugal-based investment fund that acquired an 88% stake in July 2022, with the remaining 12% held by government-supported broadcasters from Europe, Africa, and the Middle East. Ownership also has business ties with Hungary’s Viktor Orban. source
NBC News	Centre-left	No ownership data found
New York Times	Centre-left	The Ochs-Sulzberger family controls the New York Times through Class B shares. Since 1967, the company has been listed on the New York Stock Exchange under the symbol NYT. Class B shares are those that are held privately. source
The Guardian	Centre-left	The Guardian and its companion publication, the Sunday newspaper The Observer, are owned by Guardian Media Group plc (GMG). Scott Trust Limited was created in 1936 to ensure the editorial independence of the publications and owns Guardian Media Group plc (GMG). source
The Independent	Centre-left	The Independent is owned by Independent Print Limited, a company owned by the Lebedev family (Alexander Lebedev and his son Evgeny Lebedev). In 2017, Saudi Businessman Sultan Muhammad Abuljadayel bought a 30% stake in the Independent online newspaper. Advertising and subscription generate revenue for the paper..push({}); source
Time	Centre-left	Time Magazine is owned by Marc and Lynne Benioff and is funded through subscriptions, sponsored content, and advertising sales. source
USA Today	Centre-left	USA Today is owned by the Gannett Company, headquartered in McLean, Virginia. It is one of the largest newspaper publishers in the United States, with interests in newspapers, digital marketing services companies, and television broadcasting. Subscriptions and advertising generate revenue. source
Washington Post	Centre-left	In 2013, Amazon CEO Jeff Bezos bought The Washington Post for $250 million. Bezos is a frequent target of Trump, who has accused the businessman of using the Postal System as its “ Delivery Boy. ” The newspaper’s executive editor, Martin Baron, said Jeff Bezos, who founded Amazon, is not involved in its news coverage. source
Ynet News	Centre-left	Yedioth Ahronoth owns Ynetnews. Advertising derives revenue. source
BBC News	Centre	The BBC operates under a Royal Charter. Oversight is managed by the BBC Board, and regulatory authority rests with Ofcom. source
Financial Times	Centre	The Financial Times is owned by The Nikkei, a Japanese news and financial information company that publishes the leading financial paper, The Nikkei. The FT generates revenue through subscriptions, a hard paywall, and advertising..push({}); source
France 24	Centre	France 24 is owned by France Médias Monde, a state-owned French holding company that supervises and coordinates the activities of the major public media organizations broadcasting or publishing internationally from France. Besides government funding, they also generate revenue through advertising. source
Reuters	Centre	In April 2008, the British company Reuters Group was acquired by Thomson Corporation and formed Thomson Reuters. source
The Economist	Centre	The Economist is owned by the Economist Group, which is a British multinational media company. They are primarily owned by the Cadbury, Rothschild, Schroder, Layton, and Agnelli families. Subscriptions, advertising, and sponsored content generate revenue for the Economist. source
ITV News	Centre-right	No ownership data found
New York Post	Centre-right	The New York Post is owned by Rupert Murdoch’s News Corp, which owns many conservative/sensational media outlets worldwide. The paper is funded through advertising, subscriptions, and newsstand sales. source
The Times	Centre-right	The Times and Sunday Times is owned by News UK (News Corp UK & Ireland Limited), which American News Corp owns. The owner and Executive Chairman of News Corp are Rupert Murdoch. Revenue is derived from advertising and subscription fees. source
Wall Street Journal	Centre-right	In 2007, The Bancroft family and relatives sold the Wall Street Journal to Rupert Murdoch for 5 billion dollars. Rupert Murdoch also purchased its parent company, Dow Jones & Co., through News Corporation. Subscriptions and advertising fund the Wall Street Journal. source
Daily Mail	Right	The Daily Mail is published by Associated Newspapers Limited, part of Daily Mail and General Trust (DMGT). DMGT is controlled by the Rothermere family and is 100% owned by Rothermere Continuation Limited. Jonathan Harmsworth, 4th Viscount Rothermere, serves as Chairman..push({}); DMGT became privately owned after delisting from the London Stock Exchange in 2022. source
GB News	Right	GB News lacks transparency as they do not disclose ownership. A search reveals that London-based ALL Perspectives Ltd owns GB News. According to Reuters, the television channel “secured millions of dollars from investors such as Discovery Inc, Legatum and hedge fund manager Paul Marshall. source
Newsmax	Right	Newsmax is owned by publicly traded Newsmax Inc., which began trading on the New York Stock Exchange under the ticker symbol NMAX on March 31, 2025. The company completed a $75 million public offering after previously raising approximately $225 million through a preferred-stock offering. source
The Telegraph	Right	Telegraph Media Group (TMG) owns The Telegraph, which is owned by Press Acquisitions Ltd., which in turn is owned by Sir David and Sir Frederick Barclay. In 2004, Twin Brothers Sir David and Sir Frederick Barclay acquired the Daily Telegraph and the Sunday Telegraph from the Canadian media company Hollinger Inc. for £665 million. For a complete list of Board members, see here. source