Morningstar says a Tesla-SpaceX merger 'does make strategic sense,' but SpaceX would need growth nearly double what the firm currently models to justify its share price. Morningstar raised its SpaceX fair value estimate to $70 from $62, yet that still implies about 51% downside from current levels, even though its forecasts already assume revenue of $41 billion in 2026 and $228 billion by 2030. The Terafab chip project could cost tens of billions of dollars through early 2028 and more than $100 billion longer term, but the funding split between the two companies remains unresolved. Musk said his conflicts keep him out of the independent committees' talks and warned against treating a deal as certain.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Tesla-SpaceX Merger ‘Does Make Strategic Sense,’ Analyst Says — But SpaceX Needs Nearly 2x The Growth
Read the original on Yahoo Finance ↗
Keywords
mergers and acquisitionsTSLASpaceXElon Muskvaluation
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/29/2026 | 403.29 |
| Change that session | -0.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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