Friday, May 22, 2026

Conglomerate trap: Elon Musk risks hobbling SpaceX by folding his AI ventures into it. Here’s why

Elon Musk has bucked the trend of industrial conglomerate breakups, including such illustrious companies as General Electric (GE) and Honeywell, and decided to form a somewhat unwieldy company that makes rockets, spacecraft, satellites, antennas, modems and now computer chips.

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