Analysts Clash on Tesla-SpaceX Merger as SpaceX Preps $75B IPO Friday at $135 Per Share

Oppenheimer pushed back Thursday against Tesla-SpaceX merger speculation ahead of SpaceX's Nasdaq debut on Friday, arguing a near-term combination is unlikely despite remaining "plausible." The investment bank stated that keeping the companies separate better supports Elon Musk's artificial intelligence ambitions and capital access strategy, according to Investing.com.

In contrast, Wedbush analyst Dan Ives maintains an 80-90% probability that Tesla and SpaceX will combine in 2027, calling such a merger the "holy grail" for Musk. SpaceX's IPO is priced at $135 per share to raise $75 billion, valuing the company at $1.77 trillion. Tesla's market capitalization stands at $1.25 trillion, giving the combined entity a potential valuation of approximately $3 trillion.