SpaceX, Elon Musk's space exploration company, will eventually acquire Tesla, according to a new forecast from a prominent tech analyst.
Yahoo Finance on Tuesday cited a report by tech analyst Dan Ives projecting that SpaceX and Tesla could merge into a single entity around 2027. Given that SpaceX has already absorbed artificial intelligence firm xAI, further consolidation is a realistic next step, the analysis noted.
Ives said that if such a structure is completed, Musk could maximize management efficiency by consolidating his scattered businesses under one roof. The key hurdle would be persuading Tesla shareholders, but observers noted that past approvals of Musk's massive compensation packages suggest this would not be a major obstacle.
'Subscribe to Grok to Join IPO': Controversy Swirls Around $2 Trillion Ambition
Controversy is also mounting around SpaceX's planned IPO. According to the New York Times, Musk has required investment banks and advisory firms involved in the IPO process to subscribe to xAI's chatbot Grok. Some institutions reportedly reviewed contracts worth tens of millions of dollars or even pursued integration with their internal systems.
Reports that Musk also requested advertising spending on his social media platform X have fueled accusations of bundling practices. Still, market interest remains strong. SpaceX recently filed a confidential IPO registration with the U.S. Securities and Exchange Commission, aiming to raise up to $75 billion and achieve a market capitalization of $2 trillion (approximately 3,022 trillion won).
'Already $800 Billion in Assets': Path to World's First Trillionaire Grows Clearer
Musk's wealth accumulation has already reached unprecedented levels. According to Forbes data from last month, his assets surpassed $800 billion (approximately 1,207 trillion won), with the gap between him and second-ranked Larry Page, Google co-founder at $257 billion, reaching a staggering $582 billion (approximately 878 trillion won). His strategy of consolidating major businesses including xAI around SpaceX has been identified as the core driver behind the surge in his wealth.
If this trajectory continues, the likelihood of Musk becoming the first trillionaire in history is growing, analysts said. A massive influx of investment capital following SpaceX's IPO, combined with a subsequent merger with Tesla, could trigger an explosive expansion of both corporate value and personal wealth, they projected.