SpaceX call omits Tesla merger, cooling 2023 expectations

https://en.wikipedia.org/wiki/SpaceX_Starship The recent SpaceX call, which notably did not mention a potential merger with Tesla, has led to a decrease in the perceived likelihood of such a merger occurring this year. Market participants have interpreted the absence of discussion on a merger as a cooling of near-term expectations. This development follows previous speculation fueled by SpaceX’s transition to a public company and comments from Elon Musk about the increasing overlap between Tesla and SpaceX. The omission on the call appears to have prompted a recalibration of merger odds, with markets now reflecting reduced confidence in a merger announcement by the end of the year. Key Takeaways Pricing suggests participants view the absence of a merger mention on the SpaceX call as a cooling of immediate merger prospects. The probability of a Tesla-SpaceX merger announcement by December 31 has decreased to 17.5%, a slight decline from previous levels. The lack of immediate merger discussion appears consistent with a short-term reduction in merger expectations, despite previous speculation. What to Watch Market participants will likely focus on any forthcoming statements from Elon ...