Tesla should eventually merge with SpaceX, though not soon—its December 3rd annual-meeting ballot has no merger mention—and prediction markets put a deal near 60% circa spring 2027. The speaker expects a Tesla takeover premium of unknown size and advises building a Tesla/SpaceX position.

And we have the earnings call as well tomorrow if I'm not mistaken. And then Tesla on Wednesday. It's going to be a big week, exciting week.

$180 billion is basically twice the revenue that Tesla makes after being in operation for nearly two decades. Ron Baron knows that he has a huge bags in both SpaceX and Tesla. He's a big believer in Elon Musk and has been for a long time.

Merger update with Tesla facts versus rumors. So much stuff flying around, you know, poly markets and calcies and experts and analysts and everybody's kind of at this stage is like just merge already. We're tired of hearing about it.

So first of all, Barclays came out last week as well. They modeled SpaceX acquiring Tesla in an all stock deal as the likelier structure. Again, it was speculation. No, not a deal.

Uh Tesla has their annual meeting on December 3rd. Uh there's no mention of a merger in the ballot, etc. So that's another thing. So, it's not going to happen that soon, I don't believe.

Um, Tesla has, of course, a big multi-billion dollar stake in XAI, which became SpaceX shares. So, that's good. There's already kind of co-ownership there.

But again, there's no AKs, there's no press releases, no nothing. But Elon is also hinting at it in some very breadcrumb like SpaceX, Tesla tweets and things.

And of course, we had the car show last week. The best demo I've ever seen in my life. Caused a lot of EDS, but still was fun. Anyhow, um these two companies are going together. The question is when?

And when we look at the prediction markets, the odds of SpaceX Tesla merger spiked over the last few days to nearly 60% circa spring 2027.

Uh Ark believe Tesla, SpaceX will get to 66 to 67 gawatt by 2031. That goes into my valuation model, by the way. And Musk said he would be very disappointed if that's all they get to.

So again, they've got the Moes, they got the advantages, the ability to build. nobody else is able to keep up with them or monetize things quicker. This means you should be very bullish and I'm only talking compute, nothing more.

And, uh, Tesla doesn't go away either. They're going to merge. There will be a premium. We don't know how much yet.

Never seen a company like this in my life, ever. And I used to say I've never seen a company like Tesla either, but wow. Can you imagine the two of them together? That's going to be wild.

Thank you, Shund Cybern Tesla. get start building a bag of Tesla Tesla SpaceX if you haven't already. Uh I know that the prices are different. There's unlocks coming and everything else, but this will be interesting from an earnings perspective.

Let's see if we get some nice earning surprises, too.