Analysts see a Tesla-SpaceX merger as possible, but warn governance, valuation and regulatory hurdles remain.

Speculation about a SpaceX-Tesla merger is rising, with a 25% chance of an official announcement by December 31, 2026. Merger by December 31 at 25% YES.

RBC Capital raised Tesla's price target to $500, projecting a 20-30% premium from a potential SpaceX merger. Here's what investors need to know.