Wedbush: Tesla and SpaceX May Complete Merger by 2027

Gelonghui, March 28 — Wedbush analyst Dan Ives reiterated in his latest research report that the foundation for a 2027 merger between Tesla and SpaceX is gradually taking shape. This view is no longer just a bold prediction, but increasingly resembles a realistic path that is already in progress. Previously, Tesla’s $2 billion investment in xAI was converted into SpaceX equity after SpaceX acquired xAI earlier this year. Although the stake is less than 1%, it marks the first direct capital connection between the two companies. More importantly, both parties recently announced their joint construction of the TERAFAB facility in Austin, Texas. Ives believes this is the first step towards deeper integration between Tesla and SpaceX. In addition, SpaceX’s IPO, expected as early as mid-June, is also expected to accelerate this process further.