The Marked Chart Wire · Business
SpaceX Tesla Merger
JPMorgan sees potential SpaceX Tesla merger at 30 to 35 percent premium
JPMorgan says a possible all-stock combination of SpaceX and Tesla could offer a 30 to 35 percent premium to Tesla shares. The bank notes regulatory hurdles remain, especially in China, and keeps Tesla at a Neutral rating with a $415 price target.
