<div id="readability-page-1"><p>SpaceX (PC:SPXEX) has reportedly bought a large number of Cybertrucks from EV maker Tesla (TSLA), according to <em>Electrek</em>. More specifically, the space company may have spent tens of millions of dollars on these vehicles and could eventually buy more than 2,000 Cybertrucks as part of a longer-term plan. Interestingly, the Cybertruck was originally expected to be a high-production vehicle.</p><h3>Claim 50% Off TipRanks Premium and Invest with Confidence </h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  designed to help you make smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  so your portfolio is always positioned for maximum potential</li></ul> <p>Indeed, Elon Musk had predicted that Tesla could eventually make around 250,000 Cybertrucks per year, while some optimistic analysts even projected up to 500,000 units annually. However, in reality, Tesla only sold about 39,000 in 2024. In addition, reports say that sales haven't improved in 2025, and unsold inventory is building up. As a result, analysts now expect the Cybertruck to remain a low-volume product in 2026, with flat or only slightly higher sales than in 2025.</p> <p>Although there is nothing illegal about SpaceX buying the Cybertrucks, investors might question whether it's a smart use of money and whether the trucks will actually be put to good use. Nevertheless, this is unlikely to derail the enthusiasm surrounding a potential SpaceX IPO in 2026, which experts say could end up being the biggest IPO ever based on the amount of money it will raise.</p> <h2><strong>What Is the Prediction for TSLA Stock?</strong></h2> <p>Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 12 Buys, 12 Holds, and nine Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $383.83 per share implies 21.3% downside risk.</p></div>

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<p>SpaceX has reportedly purchased a large number of Cybertrucks from Tesla, potentially spending tens of millions of dollars and planning to buy over 2,000 vehicles. Despite initial high production expectations, Tesla sold only about 39,000 Cybertrucks in 2024, with sales stagnating in 2025. Analysts now predict low-volume sales for 2026. This purchase raises questions about SpaceX's spending but is unlikely to affect enthusiasm for its potential 2026 IPO. TSLA stock has a Hold consensus rating with a 21.3% downside risk.</p>

- SpaceX has reportedly purchased a significant number of Cybertrucks from Tesla, potentially spending tens of millions and planning to acquire over 2,000 vehicles.  
- Despite Elon Musk's earlier forecasts of high production levels, Tesla sold only about 39,000 Cybertrucks in 2024, and sales are not expected to improve in 2025 and 2026.  
- Analysts have rated TSLA stock as a Hold, with average price targets suggesting a downside risk of 21.3%.

SpaceX May Be Tesla's (TSLA) Largest Cybertruck Customer