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Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities, stated he believes there is an 80% to 90% chance that Tesla and SpaceX will merge by the end of 2027, citing strategic AI and data-driven factors as key reasons for such a move.
He also noted that board committees at both companies are currently analyzing the merits and price of a potential deal.
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Ives has previously commented on major tech players' AI strategies. He estimated that Apple's push into consumer AI could add $75 per share to its valuation, according to a recent analysis. Ives also highlighted Meta's combination of advanced AI models with a large user base as a factor in its market position, as noted in another statement.