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Barchart
Patrick Sanders

Dan Ives Predicts a Tesla-SpaceX Megamerger. Here’s What Investors Need to Know.

SpaceX Tesla Inc. Dan Ives Elon Musk Robots IPO SPCX

Now that the SpaceX (SPCX) IPO is done, will we see a megamerger next? Wedbush analyst Dan Ives estimates there is an 80% chance that Space Exploration Technologies, otherwise known as SpaceX, will merge with Tesla (TSLA) in the next year.

Such a merger would bring both of Elon Musk’s publicly traded companies under the same umbrella, creating a company with a $3.6 trillion valuation, making it the fourth-largest company in the world behind only Nvidia (NVDA), Alphabet (GOOG) (GOOGL), and Apple (AAPL).

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