Elon Musk, CEO of Tesla, on a video interview at the Samson International Smart Mobility Summit in Tel Aviv, Israel, on May 18, 2026.Elon Musk, CEO of Tesla, on a video interview at the Samson International Smart Mobility Summit in Tel Aviv, Israel, on May 18, 2026.

A SpaceX-Tesla merger would be valued at $3.4 trillion—and still not make a dime

2026/06/01 18:00
1 min read
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Good morning. On Fortune’s radar today:

  • Markets: Mixed but low-drama.
  • A SpaceX-Tesla merger still wouldn’t make money.
  • Trump loses patience with the media, again.
  • “I apologize for not dying soon enough for you”: Baby boomers do not like being told they are getting in the way.
  • American misery is so bad the data must be wrong.
  • Wall Street worries the Fed is wildly off course in fighting inflation.
  • Delicious revenge at Applebee’s.

This story was originally featured on Fortune.com

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