Tesla Stuck Near $350 While SpaceX Stays Firm — Is That the Setup?
Yesterday’s tech sell-off dragged down major growth names like Tesla, yet SpaceX held remarkably strong in comparison.
Tesla’s stock has struggled to gain traction lately, with brief rallies consistently met by aggressive short-selling pressure—a dynamic Musk himself has acknowledged. This weakness, however, may serve a strategic purpose: the lower Tesla’s valuation drops, the lower the premium required for an acquisition.
Musk may intentionally prefer Tesla’s stock to stabilize around $350. From that base, SpaceX could offer a 50% premium, bringing the acquisition target price to roughly $500 per share.
While skeptics argue that Tesla’s extensive supply chain and business footprint in China make a merger with a national-security-sensitive company like SpaceX impossible, Musk has likely already anticipated these regulatory hurdles and structured a viable solution behind the scenes.