[Another Tangent -- Back To Normal, Monday:] Musk Says His SpaceX May "Merge" With... His Tesla?! A Hilarious Deflection, From His Inability To Sell More... Autos.

When Tesla posted its first-ever "year under year" -- of dropping sales revenue -- two days ago... we knew he'd have to have some sort of "reality distortion bubble" ready to go for the rubes who've paid about a 290 times price multiple, compared to Tesla's actual earnings for its stock.

Said another way, it will take Tesla (at the company's current pace) about a third of a century to cover the price the rubes bought in at, last summer.

Ouch.

So now he says his two companies may. . . merge:

. . .Elon Musk's SpaceX reportedly is considering a merger with Tesla (TSLA) or xAI before the private space company's expected IPO later this year. Tesla stock [rose] Friday after falling Thursday following earnings. . . .

SpaceX is mulling a combination with the EV giant or Musk's artificial intelligence startup xAI, Bloomberg reported late Thursday, citing sources. That could help with the likely substantial financing needed. . . .

If "one quagmire is NOT deep enough -- let's just DOUBLE its footprint in this swamp."

D A M N.

You've been repeatedly warned.

[And Musk's X-itter is losing money like crazy, as well. Hilarious.] Out.

नमस्ते