"Grand Plan 5.0" speculation: Wedbush predicts that Tesla, Inc. (TSLA.US) and SpaceX may see a historic merger next year.

For a long time, Tesla, Inc. (TSLA.US) has been outlining its long-term strategic vision through the release of grand plans, and according to Wedbush Securities, its next grand plan may involve one of the largest mergers in corporate history (based on market value). Wedbush predicts that Tesla, Inc. and SpaceX will complete their merger in 2027. Analyst Dan Ives and his team point out that the foundation for the merger of the two companies has already been laid. The report emphasizes that earlier this year, Tesla, Inc. made a $2 billion investment in xAI, which was converted into SpaceX stock after xAI was acquired, giving Tesla, Inc. partial ownership of SpaceX. Initially, this transaction brought the two companies owned by Musk closer together, but currently, this stake represents less than 1% of SpaceX's expected valuation. Ives believes that the recent joint announcement by SpaceX and Tesla, Inc. to build the Terafab super factory further deepens the integration of their businesses. With existing business overlaps, the feasibility of merging operations is also increasing. He stated, "Although this move will face multiple regulatory obstacles from the FTC and DOJ, Musk's ultimate goal is still holding 25% of the company as Tesla, Inc. enters its most crucial growth phase in history." Ultimately, Musk hopes to own and control more artificial intelligence ecosystems, and merging SpaceX with Tesla, Inc. in some way is a key path to achieving this goal. It is understood that Tesla, Inc.'s first grand plan was released in 2006, outlining a clear roadmap: to build high-end electric sports cars, develop affordable electric cars based on this, and ultimately promote the widespread adoption of zero-emission transportation and energy solutions. In 2016, Tesla, Inc. released the second chapter of the grand plan, expanding the strategic map to include a complete vehicle model matrix, CECEP Solar Energy roofs, autonomous driving, and a self-driving taxi network. The third chapter of the grand plan introduced in 2023 focuses on building a scalable global sustainable energy economy through electrification, renewable energy, and energy storage technology. The fourth chapter of the grand plan announced in 2025 defines Tesla, Inc.'s next phase of development as "sustainable prosperity," driving massive industrial transformation.