Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
Elon Musk is a man with many companies, but is now considering merging two of these, SpaceX and Tesla, saying that there could be potential cooperation across software, chips and more.
Over in the artificial intelligence space, investors are also increasingly wary of the massive amounts of money being poured into data centers.
SpaceX makes rockets and satellites, while Tesla makes electric cars. Both have increasingly ambitious plans for artificial intelligence.
On Tuesday stateside, Elon Musk said during SpaceX’s third-quarter earnings call that combining the two companies would be a “good idea,” adding that their boards had formed special committees to discuss a potential merger.