Tesla closed up 4% at $407.46 on October 27 amid merger speculation. Elon Musk said the special committees of both companies have not agreed on terms, though he called a combination with SpaceX 'a good idea', and Tesla would need a 50% vote of all shares. SpaceX is the larger partner, with a market cap of about $1.96T against roughly $1.61T for Tesla, and Barclays upgraded Tesla on October 26, calling a merger a key part of the bull case. Critic Scott Galloway called the deal a 'real merger with a fake premise', arguing SpaceX's growth could be used to prop up Tesla's valuation. Premium estimates near $500 from Stocktwits and JPMorgan are only estimates, and nobody has made an offer.
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TSLAmergers and acquisitionsElon MuskSpaceX
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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 10/27/2026 | 407.46 |
| Change that session | +4.04% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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