Will Tesla Be Acquired by SpaceX?

Now that SpaceX (NASDAQ: SPCX) has successfully gone public, there is speculation that the company could acquire fellow Elon Musk-back company Tesla (NASDAQ: TSLA). Prediction market Kalshi already places the odds of it happening before May 1, 2027, at 54%, while SpaceX President Gwynn Shotwell has also floated the idea, saying it "might make Elon's life a little easier."

The two companies already share resources and personnel and buy products from each other. This includes SpaceX buying nearly $700 million in Tesla Megapack energy storage systems in 2024 and 2025 and $131 million in Cybertrucks. They also have closely aligned boards, and Musk holds 85% of SpaceX's voting power. Musk is also set to develop a giant chip manufacturing facility in conjunction with Intel to produce AI chips for both Tesla and SpaceX. READ MORE

Elon Musk’s Tesla hype machine breaks down

For years, Elon Musk paid zero dollars for traditional advertising while almost singlehandedly keeping Tesla — and himself — front and center. With a never-ending stream of tweets, television and podcast appearances and livestreamed product events, the electric-vehicle maker and its billionaire CEO dominated news cycles and occasionally went viral.

Musk was a veritable hype machine, and his knack for breaking through meant that when Tesla managed to execute, its valuation soared to a stratosphere no automaker had ever come close to reaching. READ MORE