Tesla-SpaceX merger speculation exploded from 8¢ to 60¢ as Wedbush analyst Dan Ives assigned a "70 to 80% chance that that ultimately happens" with "the goal for Musk is to have this all under one roof". The surge follows regulatory filings in March 2026 formally linking the companies financially for the first time, plus announcement of a joint TERAFAB facility in Austin, Texas. SpaceX's impending IPO expected as soon as mid-June 2026 aims to raise approximately $75 billion at a roughly $1.75 trillion valuation, setting the stage for the massive combination. Markets are pricing in a merger timeline that could happen as early as September 2026, though regulatory complexity suggests longer odds may offer better value.