Elon Musk has reportedly held discussions about potentially merging Tesla with SpaceX, as betting markets and Wall Street expect a future tie-up between his trillion-dollar businesses following the aerospace giant’s anticipated stock debut.
Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.
Musk 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, in an X post following SpaceX’s IPO filing last week, said his firm has placed odds of 80% or higher for Tesla and SpaceX merging in 2027, additionally writing in a note the “groundwork [was] already in place for both operations to become one organization.”
Musk’s goal of controlling more of the AI market could make a SpaceX-Tesla merger his “holy grail,” Ives said, adding a deal could finalize in the first half of next year.
