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via finance.yahoo.comBusiness & Companies

Why a Tesla-SpaceX merger might not be so easy, per RBC analyst

FROM THE WIRE · FINANCE.YAHOO.COM

RBC Capital Markets lead equity analyst for global autos, Tom Narayan, sits down with Yahoo Finance Senior Business Reporter Ines Ferré to share his thoughts on a potential merger between Tesla (TSLA) and SpaceX (SPCX). Video Transcript 00:00 Speaker A In a scenario where Tesla…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA possible merger of two large industry players would matter, but it remains unconfirmed speculation.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01RBC believes SpaceX would have to acquire Tesla in an all-stock deal.
  2. 02Elon Musk controls SpaceX with 85% of the voting power but not Tesla.
  3. 03RBC lists a $480 price target for Tesla stock.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Tesla, Inc.TSLAStock354.72 USDAwaiting tradestoday -2.13%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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