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Barclays predicts Tesla and SpaceX merger announcement could occur before 2026 annual shareholder meeting

Stocktwits +1 ·

TSLA Tesla Inc
$367.16 -2.15%
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  1. 1Barclays believes the announcement of a merger between Tesla and SpaceX could happen as early as before Tesla's 2026 annual shareholder meeting.
  2. 2Elon Musk has long sought approximately 25% ownership in Tesla to exert influence.
  3. 3Barclays maintains an Equal Weight rating for Tesla and a price target of $370.

So what's the key point?

Barclays suggests news of a Tesla and SpaceX merger might arrive before the 2026 shareholder meeting. Despite this news, experts have kept Tesla's price target at $370.

Source Stocktwits +1 · View original ↗

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