Angel investor Jason Calacanis, Palihapitiya floated a contrarian scenario that Musk has long spoken about forming a holding company that could eventually house not just SpaceX and Tesla but also Neuralink and The Boring Company.
“I don’t think SpaceX will IPO. I think it will reverse merge into Tesla,” Palihapitiya said. “I think Elon will use it as a moment to consolidate control and power of his two seminal assets into one cap table.”
It remains unclear what the real-world impact of a SpaceX-Tesla reverse merger would be, but online speculation has been intense.
He believes such a move could supercharge Tesla’s valuation, potentially making it easier for Musk to hit the ambitious performance milestones tied to his historic trillion-dollar compensation package.
SpaceX May Skip IPO In Favor Of Tesla Reverse Merger
byu/SadOnion2110 inStockMarket
Posted by SadOnion2110
13 Comments
So was this Elon’s plan with his pay package?
Well they get government contracts, right?
It’s the only way Tesla’s value can increase to him getting that trillion
lol…. Hitting milestones by merging with spacex (dilution). How is that even legal??
Looks like tsla investors got Musked… again.
Robbing Peter to pay Paul
Now one of the US leaders in space will have the parasitic twin Tesla siphoning off everything, or be roped into the vaporware hype train
Buy N Large
Reminder that this was some random guy saying Elon could do this and not actually anything real
Tesla stock running on fumes . The only way to save the stock is this ridiculous idea
I can’t say I’m interested in this as a potential investor. Now a SpaceX AND Neuralink ipo under one umbrella would be awesome in my opinion. Two of the biggest potential companies without the weigh down of tesla.
SpaceX needs capital from the IPO.. don’t think that the raise would be good with reverse merger
Musk is going to have to do something. Tesla is going to turn into a worthless company in a year or so. SpaceX has a future as long as it keeps getting govt. contracts.
If Space X doesn’t IPO, where does their capital come from?
Tesla is a Rocket company, not a car company. that is why it stock is 1 bazzilion dollars – musk fan boys from now on
Consolidating the quasi-religious following of Elon and his narratives into one corporate vehicle. Makes sense from that perspective.
From a business one? Questionable. Would Tesla shareholders get a fair deal or be diluted all the way down? Would SpaceX shareholders want to own a declining EV manufacturer?