SpaceX-Tesla Merger Buzz Poses Risk To EV Maker's Stock

Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up | Fortune

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.