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Technology · 4 hours ago

Barclays analyst predicts Tesla and SpaceX will combine by late 2026

Barclays analyst predicts Tesla and SpaceX will combine by late 2026

BoliviaInteligente (Unsplash) | SpaceX (Unsplash)

Barclays analyst Dan Levy thinks SpaceX will buy Tesla with shares, leaving Elon Musk with about 37% of the combined firm and 56% of the votes. A deal could be announced before Tesla's yearly shareholder meeting, which must be held by 6 December. Musk has not confirmed anything, but said in July that mergers must go through proper procedures.

Reported by eu.36kr.com · How we write briefs

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