TechCrunch Mobility: SpaceX rockets past Tesla (opens original article in a new tab)

SpaceX's market cap surpassed Tesla, with potential merger speculation, while GM and other companies advance in battery and AI technologies.

• SpaceX's market cap reached $2.1 trillion, surpassing Tesla's $1.52 trillion as of market close Friday.
• SpaceX's S-1 document mentions potential equity issuance, suggesting possible future transactions including a merger with Tesla.
• GM is producing LFP cells for energy-storage systems, not EVs, and has no plans for LFP in EVs beyond the 2027 Chevrolet Bolt.