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He anticipates an 80%-90% probability of a merger between Tesla (TSLA) and SpaceX before 2027
Wedbush analyst Dan Ives reiterated an "Outperform" rating and a $225 price target for SpaceX. He anticipates an 80%-90% probability of a merger between Tesla (TSLA) and SpaceX before 2027, a move that could propel Tesla's valuation to over $500 per share. Ives believes a merger would integrate Tesla's robotics and autonomous driving technology with SpaceX's AI infrastructure and computing capabilities.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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