Elon Musk Reportedly Discussed Potential SpaceX-Tesla Merger, Analyst Predicts 2027 Timeline
By
Ty Roush
Pure flour-power. Hearty enough to carry you through lunch.
Summary
Elon Musk has reportedly discussed the possibility of merging SpaceX and Tesla, according to CNBC sources. WedBush Securities analyst Dan Ives places 80%+ odds on a merger in 2027, suggesting groundwork is already in place. The potential tie-up is driven by Musk's goal to control more of the AI market, combining his two most valuable companies.
Key quotes
· 3 pulledMusk has discussed the possibility of combining SpaceX and Tesla, CNBC reported on Wednesday, citing people familiar with the talks and a Tesla employee who claimed a transaction has been openly discussed internally.
WedBush Securities analyst Dan Ives...said his firm has placed odds of 80% or higher for Tesla and SpaceX merging in 2027.
groundwork [was] already in place for both operations to become one organization.
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