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Elon Musk's Net Worth Drops $50 Billion In Latest SpaceX Selloff

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Elon Musk's Net Worth Drops $50 Billion In Latest SpaceX Selloff

JPMorgan analyst Rajat Gupta said a potential Tesla–SpaceX merger looks “strategically coherent on paper” but flagged that regulatory approval would likely be difficult. The note casts doubt on deal feasibility rather than addressing any specific financial metric, implying a modestly cautious read-through for merger expectations.

Analysis

JPMorgan analyst Rajat Gupta said a potential Tesla–SpaceX merger looks “strategically coherent on paper” but flagged that regulatory approval would likely be difficult. The note casts doubt on deal feasibility rather than addressing any specific financial metric, implying a modestly cautious read-through for merger expectations.

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