Dan Ives Sees 90% Chance of Tesla-SpaceX Merger
Wedbush analyst Dan Ives said Tesla and SpaceX’s boards are weighing a merger, and put the odds of a deal at 90%.
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12:00:13 PM UTC
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By Jonathan GuilfordElon Musk is back in the lab. He said on Tuesday that the two linchpins of his empire, SpaceX NASDAQ:SPCX and Tesla NASDAQ:TSLA, are experimenting with the idea of a merger. It would be a colossal undertaking to combine cars, robots, chatbots, batteries, satellites, social medi…
Yorkville Ives Partner Dan Ives said Thursday that a merger between Tesla (TSLA) and SpaceX (SPCX) is close to inevitable, a day after CEO Elon Musk confirmed the two companies’ boards are weighing one.According to him, there’s a 90% chance that the merger will happen with Tesla shares priced betwe…