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SpaceX and Tesla likely to merge over the next year, expert predicts


Wedbush Securities Global Head of Tech Research Dan Ives believes SpaceX and Tesla are “likely” to merge over the next year.

Elon Musk’s SpaceX is getting ready to go public in what will be the largest IPO of all time.

“It is the start of a whole new chapter of birth for Musk,” Mr Ives tells Sky News Australia.

Musk is hoping to raise $US80 billion, and Mr Ives believes people will be “lining up” to invest.


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