[Analyst Says Tesla and SpaceX May Merge by 2027, But Regulatory Hurdles Remain] BlockBeats News, July 22, according to CNN, following SpaceX's potential IPO, the market is closely watching whether Elon Musk will push for a merger between SpaceX and Tesla. Tesla is set to release its earnings report after the U.S. stock market closes on Wednesday, followed by an investor conference call, during which Musk may provide more clues about the future relationship between the two companies. JPMorgan analyst Rajat Gupta stated that, from a strategic perspective, a merger could unify the visions, engineering management, and AI operations of the two companies. Currently, the two companies have already established a joint venture, Terafab, in March of this year to build a chip factory in Austin, Texas. Tech analyst Dan Ives predicts that the likelihood of a Tesla-SpaceX merger by 2027 exceeds 80%, though this is merely his personal assessment. If the two companies were to merge, the combined valuation could reach approximately $3 trillion, putting it on par with Microsoft. A merger could also increase Musk's control over Tesla, as he currently holds over 80% of the voting rights in SpaceX but owns only about 20% of Tesla. However, the potential deal still faces regulatory hurdles. Gupta pointed out that Tesla has large-scale factories in China and derives a significant portion of its sales and profits from the country, while SpaceX maintains close ties with the U.S. government. Additionally, the valuations of both companies are heavily reliant on market confidence in Musk, and a merger could further concentrate related risks. [Original Link]