Tesla shares fell over 1% overnight following renewed speculation of a SpaceX merger. Veteran tech investor Gene Munster predicts a 50% probability of the two companies joining. This consolidation could occur within the next five years.
SpaceX is reportedly nearing an IPO process. The aerospace firm holds a potential valuation exceeding $2 trillion. Munster suggests Tesla’s next growth phase depends on the success of Robotaxi and Optimus physical AI projects.
A merger would link Tesla’s operations with SpaceX’s aerospace and communications technology. Neither company has issued an official statement regarding the speculation.