Will Tesla Be Acquired by SpaceX? And Does That Make Tesla Stock a Buy?

Now that SpaceX (NASDAQ: SPCX) has successfully gone public, there is speculation that the company could acquire fellow Elon Musk-back company Tesla (NASDAQ: TSLA). Prediction market Kalshi already places the odds of it happening before May 1, 2027, at 54%, while SpaceX President Gwynn Shotwell has also floated the idea, saying it "might make Elon's life a little easier." The two companies already share resources and personnel and buy products from each other. This includes SpaceX buying nearly $700 million in Tesla Megapack energy storage systems in 2024 and 2025 and $131 million in Cybertrucks. They also have closely aligned boards, and Musk holds 85% of SpaceX's voting power. Musk is also set to develop a giant chip manufacturing facility in conjunction with Intel to produce AI chips for both Tesla and SpaceX. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool