Could Musk Merge SpaceX And Tesla? Here’s What Analysts—And Betting Markets—Say

BreakingBusinessCould Musk Merge SpaceX And Tesla? Here’s What Analysts—And Betting Markets—SayByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 27, 2026, 12:20pm EDTToplineElon Musk has reportedly held discussions about potentially merging Tesla with SpaceX, as betting markets and Wall Street expect a future tie-up between his trillion-dollar businesses following the aerospace giant’s anticipated stock debut.Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.Getty ImagesKey FactsMusk has discussed the possibility of combining SpaceX and Tesla, CNBC reported on Wednesday, citing people familiar with the talks and a Tesla employee who claimed a transaction has been openly discussed internally.WedBush Securities analyst Dan Ives, in an X post following SpaceX’s IPO filing last week, said his firm has placed odds of 80% or higher for Tesla and SpaceX merging in 2027, additionally writing in a note the “groundwork [was] already in place for both operations to become one organization.”Musk’s goal of controlling more of the AI market could make a SpaceX-Tesla merger his “holy grail,” Ives said, adding a deal could finalize in the first half of next year.Ross Gerber, chief executive of Gerber Kawasaki Wealth & Investment Management, argued SpaceX would likely end up taking control of Tesla rather than the two combining as equals, mirroring xAI’s $33 billion deal to acquire X last year, further folding Musk’s companies into “one ball of Elon.”Neither Tesla nor SpaceX immediately responded to Forbes’ requests for comment. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc...