Dan Ives Puts Tesla-SpaceX Merger at 80% Odds: Will It Become the World’s Biggest Company?
Wedbush’s Dan Ives says a Tesla-SpaceX merger has better-than-80% odds inside the subsequent yr and a half. He argues the mixed agency may grow to be the world’s largest firm by market worth.
The remarks got here throughout a wider debate about whether or not the AI-driven bull market can maintain climbing. Ives and Fundstrat’s Tom Lee had been responding to a selloff that had pushed semiconductor shares down about 19% from their highs. The S&P 500, in the meantime, sat solely 2.6% off its file.
The Case for a Tesla-SpaceX Merger
Ives argued that Tesla (TSLA) and SpaceX (SPCX) are converging on shared know-how and information infrastructure. The two Elon Musk-led corporations share greater than only a founder, he stated.
A merger would give buyers publicity to Tesla’s AI ambitions and SpaceX’s rocket and satellite tv for pc enterprise beneath one ticker.
Ives has described bodily AI, that means autonomous know-how and robotics, as the business’s largest prize. He ties the Tesla-SpaceX case on to that theme.
Ives has additionally constructed his bull case partly on the U.S.-China chip hole. He has stated demand for AI chips outstrips provide by roughly 13 to 1. He expects that hole to persist for years.
“Tesla and SpaceX finally merge.”
Dan Ives, The Compound podcast
Ives made the same prediction to CNBC in July. He put better-than-80% odds on SpaceX taking up Tesla. That topped the 69% probability Kalshi’s prediction market assigned to a merger earlier than 2028.
SpaceX’s personal inventory has swung sharply since its June debut, a sample one BeInCrypto analysis compared to Meta’s 2012 crash.
Ives didn’t element how a merger can be structured or when shareholders may vote on it.
Whether Musk strikes towards combining a public automaker with a non-public, rocket-launching AI firm stays an open query. So does how regulators would view combining two corporations of that measurement.
The put up Dan Ives Puts Tesla-SpaceX Merger at 80% Odds: Will It Become the World’s Biggest Company? appeared first on BeInCrypto.