Given Musk's pay package that requires getting Tesla's valuation to $8 trillion, isn't it obvious that he should absorb all of his holdings (SpaceX, X, xAI) into Tesla?
That pay package was a reaction to the large problems he is having competing with ESG forces for control of the company. Keeping SpaceX private is another. He described it as trying to keep the robot army he is building out of enemy hands.
What does "ESG forces" add to the discussion other than culture-war flaming?
The accuracy that people want to actively sabotage Elon's plans for Tesla.
It's a big reason why SpaceX is staying private. To understand this news it helps to know that Musk considers ESG to be the enemy.