Veteran Bank Revamps Tesla Stock Price Target on Potential SpaceX Merger
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Veteran Bank Revamps Tesla Stock Price Target on Potential SpaceX Merger Nauman Khan Tue, July 7, 2026 at 3:16 PM EDT 1 min read TSLA SPCX This article first appeared on GuruFocus . RBC Capital raised its price target on Tesla ( NASDAQ:TSLA ) to $500 from $475 after incorporating a premium tied to a potential combination with SpaceX. The brokerage said the higher valuation reflects unconfirmed reports of a possible transaction between the two companies. RBC said an all-stock deal, with SpaceX acquiring Tesla at a premium of about 20% to 30%, could create operational synergies through closer collaboration in artificial intelligence, proprietary chip manufacturing, Megapack energy systems for data centers, and fleet management. Warning! GuruFocus has detected 1 Warning Sign with SPCX. Is SPCX fairly valued? Test your thesis with our free DCF calculator. RBC also increased its standalone intrinsic value estimate for Tesla to $435 per share. The firm raised its robotaxi valuation by 20%, citing a larger projected global fleet and describing autonomous mobility as Tesla's largest long-term growth opportunity. At the same time, RBC lowered its valuation for Tesla's humanoid robotics business by about 40% after reducing its expected U.S. market share. It also trimmed the value of Tesla's energy storage segment by roughly 30%, pointing to a lower long-term market forecast and rising competitive pressure.
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