The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
As investors continually seek access to promising private assets through public markets, the potential integration of Elon Musk's business empires is emerging as a significant driver of market sentiment. According to reports, Ross Gerber, CEO of Gerber Kawasaki, stated that a merger between SpaceX and Tesla is a 'foregone conclusion' in his view. Gerber suggests that this expectation is currently supporting Tesla's stock price, as investors aim to gain exposure to the private space company through the publicly traded electric vehicle maker.
These comments come amid intensifying competition for Tesla, with China's BYD reporting strong sales growth while peers like Rivian remain at depressed levels per market data. Historically, Musk's inter-company dealings, such as the acquisition of SolarCity, have sparked debates regarding corporate governance; however, SpaceX's valuation exceeding $200 billion in recent funding rounds (per Bloomberg reports) adds significant weight to the merger thesis.
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Sign InPer market data, TSLA closed at $409.40 on June 15, 2026, after reaching an intraday high of $416. Traders should monitor upcoming U.S. economic catalysts, specifically the Consumer Price Index (CPI) release on June 10, which could impact risk appetite for high-growth tech stocks. While these merger rumors remain unconfirmed, they provide a psychological floor near the recent low of $407.10.