Meanwhile, Cathie Wood bought almost 55,000 shares of Tesla on Friday.
SpaceX's 37% post-IPO surge to $2.44T improves Tesla merger math, cutting dilution from 46% to 38%. Creating $4T unprofitable conglomerate despite Tesla's GAAP collapse ($15B→$3.4B): Musk bets overvalued equity on unproven robotaxi and AI—consolidation risk in weak-fundamental tech.
But a giant leap for Tesla shareholders could be a rotten move for SpaceX investors.
Isaacson predicts Tesla-SpaceX merger by May 2027 (57% market odds); SpaceX ($2.182T) acquires Tesla ($1.5T). Deal consolidates AI talent and resolves governance issues from xAI transfers, creating a $3.6T+ conglomerate controlling energy and autonomous systems.
SpaceX’s IPO is providing hope for Tesla investors, who are betting that Musk will engineer a merger of his two businesses. Read more.
Is an Elon Musk megamerger coming? Biographer Walter Isaacson predicts a massive Tesla (TSLA) and SpaceX tie-up. Here’s what prediction markets are pricing in.