Tesla, SpaceX and Musk
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Cathie Wood says Tesla, SpaceX could drive up to 9% GDP growth: ARK sees merger as win for both shareholder bases
ARK models a 3.8-fold boost to Tesla investor returns and a 7.2-fold boost to SpaceX investors’ incremental returns.
ERShares founder and chief investment officer Joel Shulman said ERShares Private-Public Crossover ETF‘s XOVR maintains approximately 18%–20% exposure to SpaceX SPCX, making any M&A activity involving the rocket manufacturer particularly significant for the fund.
Key TakeawaysBarclays upgraded Tesla to Overweight on Monday, raised its price target to $450 from $370, and called a SpaceX merger a key part of the bull case. Scott Galloway argues the merger would be a bailout in which Tesla holders win and SpaceX holders pay.
Tesla and SpaceX are exploring a merger that would test investors' faith in Musk's biggest ambitions.
October 19–26 (JST). Announcement dates are in US time unless otherwise noted."With AI, this kind of future will come someday"It's interesting to hear that story. But this week, in addition to the scale of the future,
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Meta, SpaceX, Tesla, Microsoft, CoreWeave, FICO, and more stocks that explain today’s market
FICO plummets after announcing it would hold mortgage credit-scoring pricing at $10, drawing scrutiny from Wall Street.
Yes, of course there are pay package incentives in play for Musk. But that’s not all.
Some insiders involved in the discussions worry his comments could invite shareholder scrutiny and delay the process by several weeks.
