Gary Black Predicts SpaceX Will Buy Tesla for $420 per Share
Unconfirmed: Speculation about a possible merger between SpaceX and Tesla is growing. According to Bloomberg, citing Barclays analysts, the announcement could come before Tesla's annual shareholder meeting. Investor Gary Black of The Future Fund predicts that SpaceX will buy Tesla at $420 per share, paid in SpaceX stock, with an announcement in the next few weeks and a closing that could take a year. Black tied his prediction to the second-generation Roadster event. Walter Isaacson, Musk's biographer, also believes the two companies will eventually merge.…
- Black estimates SpaceX would buy Tesla at $420 per share in SpaceX stock
- Per Bloomberg and Barclays, announcement could come before Tesla's annual meeting
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