According to Tom Narayan, lead equity analyst for global autos at RBC Capital Markets, a SpaceX acquisition of Tesla would be complicated and most likely an all-stock deal. Elon Musk controls 85% of the voting power at SpaceX but only about 20% at Tesla, so the deal would need a substantial premium. RBC's price target of $480 per Tesla share reflects Tesla's intrinsic value plus a premium, which at SpaceX's current share price would imply a 50/50 split of the combined company. Narayan said some SpaceX holders may not like this, since market caps suggest 60–70% of the combined value could come from SpaceX, though both shareholder bases want the deal at the right price.
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mergers and acquisitionsTSLAElon MuskSpaceX
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/16/2026 | 354.67 |
| Change that session | -2.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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