SpaceX IPO Sparks Tesla (TSLA) Merger Speculation with 33% Odds

AI Summary

SpaceX has filed for an IPO, prompting speculation about a potential merger with Tesla (TSLA). Analysts, including Dan Ives from Wedbush, suggest a merger could consolidate efforts in AI, although Kalshi traders currently estimate only a 33% chance of such a merger occurring before May 2027, with odds dropping significantly post-trading on Friday. In April, Tesla fell behind competitors in electric vehicle sales in China, where BYD surpassed Tesla as the leading EV manufacturer last year. The companies are also collaborating on the Terafab semiconductor plant in Texas, with estimated costs reaching up to $119 billion.