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Tesla Stock Climbs 0.4% Overnight; Chamath Sees 'Obvious Industrial Logic' in Tesla-SpaceX Merger

2026-07-15 04:13:53

TSLA0.32%

SPCX-2.20%

During a CNBC interview on late Tuesday, billionaire investor Chamath Palihapitiya said there was "very obvious industrial logic" in combining Tesla and SpaceX, stating: "There is a very obvious industrial logic to put these two businesses together, to have one capital structure, to have one balance sheet, to be able to raise money for the broad swath of things that he's doing as one vehicle." The remarks come after Palihapitiya predicted in March that SpaceX could reverse-merge into Tesla rather than pursue a traditional IPO. TSLA stock rose 0.4% on Tuesday, ending the session at $396.18.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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