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News 2026-07-07 16:32 UTC

Tesla Price Target Boosted by Potential SpaceX Takeover Premium, RBC Says

() -- Tesla's (TSLA) higher price target includes a premium from a potential all-stock acquisition scenario by SpaceX (SPCX), RBC Capital Markets said Tuesday. The brokerage raised its price target on Tesla's stock to $500 from $475 and maintained its outperform rating. Speculation of an impending merger intensified af