DAN IVES SEES 80%–90% ODDS OF SPACEX–TESLA MERGER Dan Ives reiterated Outperform on SpaceX ($SPCX ) with a $225 price target, following its…
DAN IVES SEES 80%–90% ODDS OF SPACEX–TESLA MERGER
Dan Ives reiterated Outperform on SpaceX ($SPCX ) with a $225 price target, following its $40B GPU financing deal.
He sees an 80%–90% chance of a Tesla ($TSLA ) merger by 2027, potentially valuing Tesla above $500 per share.
The key takeaway: A merger could combine Tesla's robotics and autonomy with SpaceX's AI infrastructure and computing power.
Source: Yorkville — Dan Ives