SpaceX Eyes Tesla Merger at $480 Per Share, RBC Says
SpaceX could acquire Tesla for $480 per share in a $3.74 trillion merger, according to RBC Capital Markets.
SpaceX (NASDAQ:SPCX) could potentially acquire Tesla (NASDAQ:TSLA) at $480 per share, creating a combined business entity with a total valuation of $3.74 trillion, according to an assessment by RBC Capital Markets.
Merger Terms
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Under the proposed valuation figures outlined by the bank, Tesla shareholders would hold 48% of the newly combined company. This marks a downward revision from the 54% stake projected in the bank's previous July estimate.
Key facts
- SpaceX could acquire Tesla for $480 per share.
- The combined valuation of the merged entity is estimated at $3.74 trillion by RBC Capital Markets.
- Tesla shareholders would receive a 48% stake in the combined business under the current projection.
- The projected shareholder stake is down from 54% in the bank's July estimate.
Source: benzinga.com
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