Tesla unveiled its Roadster EV with aerial stunts, but many analysts saw the event as a soft launch of a possible merger with SpaceX, with little detail on the car business. Musk has repeatedly hinted at combining the two companies, including on Tesla's latest earnings call and at the All-In Summit last month. Barclays analyst Dan Levy said a tie-up 'has increasingly become the consensus expectation,' while Gene Munster of Deepwater Management called the Roadster 'an engineering flex with no commercial value.' Dan Ives of Yorkville Ives put the chance of a Tesla and SpaceX merger by the end of 2027 at 80%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/15/2026 | 362.44 |
| Change that session | -1.29% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Tesla Rises on a Foundry Agreement With Intel as JPMorgan Upgrades the Stock
Intel shares rose 4% and Tesla rose 3% after JPMorgan upgraded Intel to Neutral from Underweight and kept its $85 price target. Tesla committed to Intel's 14A process in April, and JPMorgan credits CEO Lip-Bu Tan's execution, expects positive EPS revisions, and sees its 2028 EPS estimate about 15% above consensus. The upgrade remains cautious: Intel is down about 36% from its June peak, its share of server CPU revenue has fallen from 77% to 53% since 2022, and its outside foundry business brought in barely $1 billion of annualized revenue in the first half of 2026. Intel's capital spending has exceeded operating cash every year since 2022, so the $20 billion stock sale and an anchor customer make the factory plan more fundable, though 14A won't reach high-volume production until 2028 and neither company has disclosed the deal's value. Intel reports third-quarter results on Oct. 29.
- Here's How Much Tesla Stock Is Expected to Move After Earnings
- Gary Black Predicts SpaceX Buys Tesla for “$420/Share” Within Weeks
Gary Black predicts SpaceX will announce an all-stock deal to buy Tesla at $420 per share within the next few weeks, about 18% above Tesla's $354.72 close on Oct. 16. He believes the Roadster event was meant to build the case for a merger, though the deal could take a year to close. The article notes Tesla trades at 182x forward earnings, and even on analysts' 2028 EPS estimate of $3.21, $420 would be roughly 131x. Because the offer is paid in stock, its value would move with SpaceX's shares, and SpaceX revenue is expected to rise from $45.3 billion in 2026 to $201 billion in 2028. Neither company has announced a deal, and Tesla's third-quarter results on Wednesday are the next item to watch.
- Tesla-SpaceX merger is 'not so easy': Analyst
Speculation about a possible merger between SpaceX (SPCX) and Tesla (TSLA) has grown on Wall Street in recent weeks. RBC Capital Markets analyst Tom Narayan says it would not be simple: SpaceX would have to acquire Tesla, likely in an all-stock deal, and would need to pay a strong premium. He sets a $480 price target for Tesla, while the shares trade near $367. The longer-term focus may be Terafab, Elon Musk's chip initiative aimed at cutting production costs by up to 90% and bypassing Nvidia and TSMC. Musk currently controls 85% of SpaceX's voting rights and 20% of Tesla's.
- Mag 7 Pull Dow Back to Breakeven Line
- Wall Street Projects A Down Quarter For Tesla Earnings; Stock Rebounds
Related markets
Latest news
- Palantir, Datadog and chip stocks bounce back as Amazon lifts Wall Street
Tech stocks rebounded Monday even as most of Wall Street stayed weak. Palantir (PLTR) and Datadog (DDOG) each gained over 4%, with chip stocks also recovering from last week's losses. Bernstein upgraded Datadog on stronger AI-related demand, while Palantir announced a government-cloud partnership but faced a potential selling zone around $195–$200. Amazon (AMZN) rose 5% after Morgan Stanley named it a top pick, helping the Nasdaq Composite gain 1.1% and the S&P 500 add 0.4%. CoreWeave (CRWV), however, finished slightly lower at $61.12, just above its July closing low of $60.82, and nearly two-thirds of S&P 500 stocks fell.
- Prediction: Visa Will Be a $1 Trillion Company by 2030
The author predicts Visa, currently valued at $752 billion with shares at record highs and up 15% in 2026 as of Oct. 16, could reach a $1 trillion market cap by 2030. Growth drivers include the shift to digital payments and value-added services, whose revenue rose 36% year over year to $3.8 billion in the fiscal third quarter (ended June 30) and makes up 33% of the business. Visa's net profit margin of 48% compares with a 17% average for the S&P 500. Consensus estimates see EPS growing at a 14% compound annual rate from fiscal 2025 to 2028, and at 12% it could reach $21.37 by fiscal 2030. The author believes that even if the 34.6 P/E falls to 30, the market cap would still exceed $1 trillion.
- This Nvidia-Backed Cloud Computing Firm Is Reportedly In Talks To Sign A $45B Compute Deal With Anthropic
According to Bloomberg, Anthropic is in advanced talks to acquire about $45 billion of computing power from Nvidia-backed Nscale, centered on a second building at Nscale's Monarch campus in West Virginia that is slated to deliver 460 megawatts using Nvidia's Vera Rubin chips. Final terms are not set, and an agreement could come within days; both companies declined to comment. The site was first intended for Microsoft, which withdrew after signing a preliminary letter of intent. Anthropic already has infrastructure commitments with Nscale worth about $44.6 billion, according to filings tied to Nscale's upcoming public offering. Nscale closed a $3.36 billion pre-IPO round led by Third Point and is targeting a $30 billion valuation for its debut.
- Why CoreWeave's Struggles Could Weigh Down Nvidia's Stock
CoreWeave (CRWV) shares crashed last week over concerns about rising interest rates and its heavy debt load. Because Nvidia (NVDA) is a key customer and has invested billions in CoreWeave, the article argues its own stock could suffer if confidence in CoreWeave weakens. Nvidia has fallen about 2% over the past month, while CoreWeave is down well over 20%. The article notes Nvidia trades at a forward P/E of 25 and a PEG of about 0.48, well below the 1.0 cutoff, but its valuation depends on future growth, which could be questioned amid rising rates and competition from in-house chips.
- SpaceX Wants a 32-Mile Pipeline Tied Into Energy Transfer's and Kinder Morgan's Florida System. Does It Matter for Either Pipeline Stock?
On Oct. 6, the Florida Public Service Commission approved a transportation tariff for SpaceX subsidiary Coastal Connect Services to build a 32-mile pipeline in Brevard County linking to the Florida Gas Transmission Network, a roughly 5,300-mile system jointly owned by Kinder Morgan and Energy Transfer. The line will supply natural gas for Starship launches at Cape Canaveral, replacing hundreds of LNG truck deliveries, and SpaceX will build and own it. The article calls the deal small for both companies, which need only provide interconnection and offtake rather than fund construction. Energy Transfer transports about 30% of U.S. natural gas and Kinder Morgan about 40%, roughly 70% combined. Kinder Morgan yields around 3.5% and Energy Transfer around 6.8%, though Energy Transfer's MLP structure receives different tax treatment.
- Tether: Senator's investigation misses positive work that's led to lower Iran volumes
Tether CEO Paolo Ardoino says a recent Senate Democrats report, led by Senator Richard Blumenthal, missed the company's work to enforce sanctions. He claims Tether froze suspicious addresses on average 4 weeks before OFAC and NBCTF sanction designations, and before Chainalysis labelled them in 99% of cases since 2023. Ardoino says these actions led to Iran-linked stablecoin volumes declining by 94%. The Senate report, which described Tether as providing a significant financial lifeline within Iran's shadow banking network, said the company did not comprehensively freeze flagged wallets before 2024. Blumenthal is also probing Tether's relationship with its U.S. financial partner, Cantor Fitzgerald.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.