BlockBeats report: On June 18, following SpaceX’s successful listing, Wall Street began anticipating a merger between SpaceX and Tesla. Investors, analysts, and even one of SpaceX’s executives have discussed the benefits of this potential transaction on social media, research reports, and television interviews, noting that the two companies have long shared executives and other resources and are jointly developing projects worth billions of dollars.
SpaceX President Gwynne Shotwell hinted in a CNBC interview following the IPO that the merger "could make Musk's life easier" and generate synergies in areas such as AI, energy, and robotics.
Legal experts note that Musk is essentially engaging in a transaction with himself, which could trigger shareholder lawsuits alleging harm to minority shareholders. However, legal analysts also believe this will not prevent the merger: both companies are incorporated in Texas, where corporate law makes it very difficult to challenge management decisions. Musk’s absolute control over SpaceX and significant influence over Tesla place him in a strong position.
Additionally, Musk had previously informally discussed a merger, and SpaceX’s IPO filings also suggested the potential issuance of a large amount of equity for future transactions, including possible mergers. (The New York Times)