Prediction: Here's When SpaceX Will Merge With Tesla
Earlier this month, I predicted a merger between (NASDAQ: TSLA) and SpaceX. The dots were easy to connect.
A merger would be complex, I argued, but it would in a single stroke eliminate the conflicts of interest shareholders have sometimes leveled at the company because of Elon Musks's interconnected holdings.
Musk has a long history of intertwining his business operations. Consider that SpaceX currently owns no shares of Tesla. But when you search SpaceX's 370-page initial public offering (IPO) prospectus, Tesla is mentioned more than 80 times. Not only is SpaceX a major buyer of Tesla products -- purchasing everything from its Cybertrucks to its Megapack battery packs -- but both SpaceX and Tesla own a stake in xAI, Musk's artificial intelligence (AI) start-up.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 39 Sell predictions.
As a result the target price of 409 € shows a positive potential of 48.57% compared to the current price of 275.3 € for Tesla Inc.
