The logic behind a SpaceX-Tesla merger has been reinforced, with the question of "when to merge" becoming a focal point of discussion.
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JPMorgan Chase: Potential obstacles to a Tesla-SpaceX merger have been underestimated.
According to Mars Finance, on July 8th, JPMorgan analyst Rajat Gupta stated that while a Tesla-SpaceX merger "looks plausible on paper," current speculation surrounding the merger underestimates the potential obstacles hindering the deal. These potential obstacles include regulatory approvals across multiple jurisdictions; governance and voting rights symmetry; and the perception that "the merger will be a SpaceX-led acquisition, rather than a merger of equals." He added, "Overall, we will be watching SpaceX's acquisition currency, the regulatory landscape, and Musk's voting rights in Tesla as catalysts for a potential merger." JPMorgan stated that if the deal occurs, the most likely structure would be a SpaceX-led, all-stock acquisition of Tesla.
The probability of Tesla and SpaceX announcing a merger before the end of September has dropped to 10% on Polymarket, and the stock has fallen 30% in the past 24 hours.
According to data from Polymarket's prediction market tool, the probability of Tesla and SpaceX officially announcing their merger by...? has decreased to 10% (a 30% drop in 24 hours) compared to the previous prediction of September 30, 2026; the probability of announcing the merger within the year, before December 31, 2026, has decreased to 25% (an 18% drop in 24 hours). Previously, it was reported that SpaceX would be officially included in the Nasdaq 100 index on July 7th. Odaily Seer continues to monitor prediction markets, seeing changes before pricing.
Billionaire Grantham is bearish on SpaceX: 90% chance of eventual collapse, questions AI and the Mars narrative.
According to Mars Finance, on July 8th, billionaire investor Jeremy Grantham, known for his warnings about asset bubbles, publicly questioned SpaceX's current valuation of approximately $2 trillion. He argued that there are significant doubts about the company's AI business, Mars program, and long-term growth logic, and stated that he is "90% betting" on SpaceX's eventual historic collapse. He believes that attributing approximately 90% of the serviceable market to AI in SpaceX's prospectus is "unbelievable," and that its AI products are not competitive enough to compare with OpenAI and Anthropic. However, mainstream Wall Street institutions generally remain optimistic about SpaceX. With the company's formal inclusion in the NASDAQ-100 Index, it is expected to attract more passive investment. Several investment banks, including Goldman Sachs, JPMorgan Chase, and Morgan Stanley, have given positive ratings, believing that Starship, Starlink, and AI businesses will be the core drivers of future growth.
Animoca puts Currenc merger on ice, delaying its Nasdaq debut
Animoca Brands suspended its reverse merger talks with Currenc but said it remains committed to pursuing a listing on a major exchange.
TRUMP MEDIA SCRAPS https://t.co/SfkkT7qZuo DEALS, PIVOTS TO FUSION ENERGY MERGER AS NEW CEO OVERHAULS STRATEGY: AXIOS
AggrNews News, Trump Media Scraps HTTPS://T.CO/SFKKT7QZUO Deals, Pivots to Fusion Energy Merger as New CEO Overhauls STRATEGY: Axios
Will China Resources New Energy complete its merger and reorganization to jointly pursue a Shenzhen Stock Exchange listing? China Government-Enterprise Cooperation Fund responds.
Mars Finance reported on July 8th that China Government-Enterprise Cooperation Investment Fund Co., Ltd. (hereinafter referred to as "China Government-Enterprise Cooperation Fund") recently issued a statement saying that the company has noticed a false report circulating online titled "China Resources New Energy Holdings Co., Ltd. and China Government-Enterprise Cooperation Investment Fund Co., Ltd. Complete Merger and Acquisition to Jointly Pursue Listing on the Shenzhen Stock Exchange." The report is entirely false information and seriously contradicts the company's actual situation. According to China Government-Enterprise Cooperation Fund, since its establishment, all of its business activities have strictly complied with national laws, regulations, and regulatory requirements, and it has never conducted or authorized any entity to conduct any activities mentioned in the aforementioned false report. The company is not currently planning any mergers and acquisitions, restructuring, listing applications, or other capital operations, nor has it formulated any corresponding implementation plans. China Government-Enterprise Cooperation Fund also stated that it reserves the right to pursue legal action against any entity that forges or alters the company's seals, business licenses, or authorization documents, or impersonates the company or its employees to release false information, engage in fraud, or commit any other illegal acts that infringe upon the company's legitimate rights and interests. (Wide Angle Observation)