Tech bull Dan Ives is predicting a major consolidation of Elon Musk‘s corporate empire, forecasting a highly probable merger between Tesla Inc. (NASDAQ:TSLA) and IPO-bound SpaceX by early 2027.
The Merger Timeline
Speaking to Schwab Network about the potential for the two visionary companies to combine under one umbrella, the Wedbush Securities managing director outlined a specific sequence of events.
Ives predicts that SpaceX’s initial public offering this summer will set the financial stage for a massive corporate tie-up shortly thereafter.
“I think that’s the step process that they’ll go through,” Ives said. “And then ultimately a merger with Tesla… I think 80%, 90% type of chance.” He noted that this historic consolidation would likely finalize in the “first half” of 2027.
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