Tesla Climbs Over 30% to Near $440 as SpaceX Merger Odds Rise
TSLA•Tesla shares have climbed more than 30% since early April to near $440 per share, recovering from a multi-month low. One prominent analyst estimates an 80%–90% chance of a merger with SpaceX by early 2027, building on Tesla’s $2 billion xAI investment and joint Terafab chip facility plans.
1. Tesla Share Rally and Recovery
Since early April, Tesla shares have risen over 30% to near $440 per share, rebounding from a multi-month low as investors focus on full self-driving, robotaxis and the Optimus humanoid robot program.
2. Rising Merger Speculation with SpaceX
Investor discussion has shifted toward combining Tesla with SpaceX, with a leading analyst estimating an 80%–90% chance of a merger by early 2027 as part of Musk’s strategy to consolidate AI capabilities across his companies.
3. Cross-Company Investments and Terafab Project
Tesla’s $2 billion investment in xAI, SpaceX’s acquisition of that AI unit and their joint plans for the Terafab semiconductor facility highlight deepening operational ties and shared resource allocation.
