Tesla Shareholders Eye SpaceX Merger as Musk's True Endgame
Tesla is down nearly 10% while SpaceX just pulled off the biggest IPO ever. Shareholders are betting a merger is Musk's real play.
Tesla investors are having a rough year, and watching Elon Musk's SpaceX steal the spotlight isn't helping. The electric vehicle giant has shed nearly 10% while SpaceX executed what's being called the largest initial public offering in history, instantly vaulting to the top of Musk's empire by valuation.
That milestone matters to you as a Tesla shareholder. SpaceX is now the crown jewel in the portfolio of the world's first trillionaire, and Tesla is starting to look like a supporting act. The question every Tesla bull is asking right now: Is a SpaceX-Tesla merger the endgame Musk has been quietly engineering all along?
Read more Prediction Markets Raise Insider Trading Red Flags for Wall Street →
The theory isn't crazy. Musk controls both companies and has every incentive to consolidate his most valuable assets under one roof. A merger would give Tesla shareholders direct exposure to SpaceX's explosive growth — something they currently have zero access to through public markets.
Right now, the setup is simple. You're holding Tesla stock while SpaceX is the hotter asset in Musk's universe. If a merger comes, early Tesla holders could be the ones who got in before the trade became obvious. If it doesn't, you're still sitting on a company facing real headwinds with Musk's attention clearly divided.
The bet is live. Size accordingly. Continue reading at Yahoo.