Musk's company to "merge big"? Top technology investors and "big shorters" praise one after another!

Over the past few days, there has been a lot of buzz surrounding the "Merger of Musk's Companies" rumor. According to sources familiar with the matter, Musk is evaluating the possibility of merging SpaceX, Tesla, and xAI, but discussions are still in the early stages. According to insiders, SpaceX is considering various capital operation plans, including direct acquisition of Tesla shares or pushing for a three-way stock merger. Musk and his companies have not made an official statement in response, but Musk himself cryptically replied "yeah" to the rumors on social media X. This has sparked discussions among investors about the potential combination in the fields of space, autonomous driving, and artificial intelligence. Gene Munster, founder of Deepwater Asset Management, commented that this is a classic example of "Elon Musk's ambitious vision". Munster outlined his views on how things might unfold in the next three years, with a 45% probability of Tesla acquiring xAI, a 35% probability of SpaceX acquiring xAI, and a 20% probability of xAI remaining independent. "My view is that investors may approve this deal (whether SpaceX or Tesla acquires xAI) because it is Elon Musk's grand plan, and the future version of 'Colossus' should operate in space," he wrote in a post. "Colossus" refers to the supercomputer cluster of xAI located in Memphis, Tennessee. In another post, Munster stated that Musk's companies "will always cooperate friendly" and outlined how each company would benefit from xAI. He further explained that SpaceX hopes xAI will power "sky-bound" data centers, while Tesla will use xAI's chat Siasun Robot & Automation Grok to develop fully autonomous driving software and Optimus humanoid Siasun Robot & Automation programs. "If SpaceX acquires xAI, Tesla can still have access to Grok," he added. Top investor and billionaire Chamath Palihapitiya also expressed appreciation for this. He stated that the merger of SpaceX and Tesla would immediately create a modern version of Berkshire Hathaway. "If this happens, it will bring us one step closer to having a single equity instrument covering all of Elon's related assets, and many people want to buy such a tool," he said. Even the famous "Big Short" Michael Burry, who had previously criticized Tesla's valuation, does not seem averse to this rumor. He wrote on the social media platform X, "Elon is a treasure of America. This billionaire became a visionary futurist before me. I am pleased that he came to America. He will go down in history like P.T. Barnum (circus king) and Thomas Edison." "Futurists always predict the future decades ahead, even earlier than me. And because they sell an obvious future with an uncertain timeline, they can raise funds," he added, while warning that the market has already priced in expectations of the potential merger in stock prices. SpaceX is reportedly considering going public in June (around Musk's birthday) with a potential financing amount of up to $50 billion, possibly becoming the largest IPO in history. The expected valuation could reach $1.5 trillion. Tesla's current market cap is only $1.35 trillion. This article is reprinted from Financial Union, GMTEight Editor: Chen Wenfang.