Dan Ives Predicts '80%, 90%' Chance Of SpaceX-Tesla Merger By Early 2027

benzinga_article
2026.04.27 07:21
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Wedbush analyst Dan Ives predicts an 80-90% chance of a merger between Tesla and SpaceX by early 2027, following SpaceX's IPO this summer. Ives believes this consolidation will create a significant tech empire under Elon Musk. While he views the merger as a strategic move, some investors, like Ross Gerber, suggest it may be more of a bailout for Tesla amid increasing competition. Ives maintains a bullish outlook on Tesla, with a $600 price target, emphasizing the potential value of robotics and autonomous technologies in the merger.