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Tesla Eyes 2027 SpaceX Merger After $2B Share Swap

5/23/2026

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Story summary
  • Analyst Dan Ives said Tesla and SpaceX could merge in 2027 after SpaceX’s IPO.
  • Tesla’s $2 billion xAI investment was turned into SpaceX shares, giving it under 1% stake in a firm valued at $2 trillion after its May 21, 2026 S-1 filing.
  • Kalshi users placed 33% odds on a Tesla-SpaceX merger before May 2027, down from 77% in April 2027.
  • A Tesla-SpaceX entity could exceed $3 trillion in value, with Tesla stock up 1.81% to $424.92 Thursday.