SpaceX IPO Turns Tesla Merger Talk Into a Core Wall Street Thesis

SPCXB

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$149.32

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BeInCrypto Editorial

(06:18 PM UTC)

1 min read

Wolfe Research says a SpaceX and Tesla merger has moved into the Wall Street mainstream. Some investors now treat a future combination as their primary reason for owning TSLA stock.

Analyst Emmanuel Rosner detailed the thesis in a June 9 client note. The call lands two days before Elon Musk’s rocket firm prices the largest initial public offering (IPO) in history.

Why the SpaceX Tesla Merger Thesis…

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