Tesla-SpaceX Merger ‘Does Make Strategic Sense,’ Analyst Says — But SpaceX Needs Nearly 2x The Growth
Morningstar sees benefits in a Tesla-SpaceX merger across energy, AI, robotics and connectivity. The firm said Tesla could supply batteries and solar products, while Grok and Starlink could support its vehicles and robots. Morningstar’s $70 SpaceX fair value estimate implies about 51% downside from current levels. Musk supports a merger, but committee talks and shareholder … Read more