Tesla Holders Bet on SpaceX Merger as Musk’s Real Endgame
Bloomberg 2026-06-24 20:22:21
Context: Tesla shareholders are increasingly betting on a potential merger between Tesla and SpaceX, amid a challenging year for the electric vehicle company, which has seen its stock decline by 15%. The speculation comes as Elon Musk's SpaceX has completed the largest initial public offering ever, instantly becoming the most valuable entity among Musk's holdings. This development has sparked discussions about Musk's long-term strategy.
Key Facts
- Tesla shareholders have experienced a difficult year, with the company's stock losing 15% of its value, while Elon Musk's SpaceX achieved a massive milestone with the completion of the largest initial public offering ever.
- SpaceX's initial public offering immediately catapulted the company to become the most valuable entity among Elon Musk's collection of companies, which includes Tesla.
- Bloomberg's Carmen Arroyo, along with Dani Burger and Scarlet Fu, discussed the implications of a potential merger between Tesla and SpaceX on the "Bloomberg Deals" program.
- The potential merger between Tesla and SpaceX has sparked speculation about Elon Musk's long-term strategy, with some Tesla shareholders betting on the possibility of the two companies combining.
- Elon Musk's SpaceX has become the most valuable entity in his collection of companies, instantly achieving this status after completing the largest initial public offering in history.