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'Elon Thinking Big,' Says Gene Munster As SpaceX Explores xAI–Tesla Tie-Up Ahead Of $1.5 Trillion IPO
['Ananya Gairola']
Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals
SpaceX, xAI And Tesla: Merger Talk Gains MomentumSpaceX has reportedly been holding internal discussions around a possible merger involving Tesla and xAI.
Gene Munster Breaks Down The OddsOn Thursday, Deepwater Asset Management's managing partner Gene Munster weighed in on X, calling the situation a classic example of "Elon thinking big."
"My take: Investors would likely approve the deal (either SpaceX or Tesla buying xAI) because it’s Elon thinking big, future versions of Colossus belong in space," Munster wrote.
"If SpaceX buys xAI, Tesla will still get access to Grok," Munster added.
Investor Chamath Palihapitiya also took to X and said that a merger between SpaceX and Tesla would instantly create a modern-day Berkshire Hathaway.