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Analyst: The merger of SpaceX and xAI reduces the likelihood of Tesla being incorporated

Analyst: The merger of SpaceX and xAI reduces the likelihood of Tesla being incorporated

格隆汇格隆汇2026/02/03 14:42
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Gelonghui, February 3rd | Baird analyst Ben Kallo stated in a report that the merger between SpaceX and xAI reduces the likelihood of Elon Musk incorporating Tesla into a conglomerate. He wrote: "Given the significant integration work ahead for xAI and SpaceX, we believe that even if it were to happen in the future, including Tesla is unlikely to be a short-term event." The market has long speculated whether Musk would attempt to integrate Tesla with his other business ventures. Media reports last week indicated that SpaceX had considered merging with Tesla, rather than with xAI. Kallo stated: "Regardless of whether this possibility exists, the overall expansion of Musk's companies will ultimately benefit Tesla, whether it remains an independent company or becomes part of a merged entity."
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