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5 Reasons SpaceX and Tesla Will Merge


SpaceX is going public this week, in what is not only the biggest initial public offering (IPO) of the year but also the largest in history. And yet, it may pale in comparison to a potential merger with Elon Musk's other technology company, (NASDAQ: TSLA). Yes, it is not implausible that these two trillion-dollar businesses could merge within the next 12 months, putting the entire Musk empire under one corporate umbrella.

In fact, there are many benefits that may lead to an announcement of a merger sooner rather than later. Here are five reasons Tesla and SpaceX will merge within the next year.

Image source: Getty Images.

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Source Fool.com

Tesla Inc Stock

€294.95
3.750%
Tesla Inc dominated the market today, gaining €10.65 (3.750%).
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 38 Sell predictions.
As a result the target price of 410 € shows a positive potential of 39.01% compared to the current price of 294.95 € for Tesla Inc.
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