Analyst Ray Wang of Constellation Research said a Tesla–SpaceX merger would help Elon Musk advance his technology goals, citing synergies in self-driving, battery technology and more. He said a merger could leave Musk with 37% of equity and 56% of voting rights in the combined company, with Tesla shareholders receiving about 0.7 SpaceX shares per Tesla share, while Musk already holds over 80% of SpaceX's voting rights. Wang sees a $300 price target for SpaceX, implying around 90% upside from its roughly $155 pre-market price, and flagged possible lawsuits from Tesla bears and the challenge of unifying engineering teams. Investor Gary Black said SpaceX could offer $420 per share in stock to Tesla, but warned of dilution concerns for Tesla shareholders.
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TSLAElon MuskSpaceXmergers and acquisitions
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/23/2026 | 372.21 |
| Change that session | -0.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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