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Space X - Tesla Merger

3,664 Views | 33 Replies | Last: 11 days ago by JohnClark929
AgCMT
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With the rumors of SpaceX merging with Tesla, it would seem like purchasing SpaceX at (currently) $146 per share would be a no brainer.

Any thoughts on this one?
GeorgiAg
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AgCMT said:

With the rumors of SpaceX merging with Tesla, it would seem like purchasing SpaceX at (currently) $146 per share would be a no brainer.

Any thoughts on this one?

Don't bet against Elon Musk. I already have some and will be getting more. Elon thinks it will be the greatest company ever. (Ha.)

AgCMT
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I bought Tesla when everyone in Seattle started burning them. Made a nice little chunk of change. I just bought a little bit of SpaceX. I'm sure I'll wish I bought more down the road.
khkman22
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In 10 years he will classify the Iran conflict as a major world war.
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Sims
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SpaceX @ 20T in a decade isn't really a hard bet.

With how the government is spending money, I'd pay attention if he bet a loaf of bread would be $20T in a decade...the SpaceX bet is meh.
Chef Elko
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He's the rainmaker of all rainmakers, invest accordingly!
PetroAg13
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Looks like the product is merging already
AgCMT
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That thing is insane! Have they put out a price tag yet?
deddog
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The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.
I bleed maroon
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I assume everyone knows that you will not be able to buy this car, ever. It's a demonstration of what they can do, but it would not be approved for road use. The car that will be produced is probably going to be the fastest, best-handling car ever made, but it will not fly. This was a publicity stunt - a very effective and impressive one, but still a stunt.

A future variant may have some sort of VTOL-type technology, but that's probably multiple decades away. Producing the real Roadster car in volume is likely to still be quite a ways away, given Tesla's notorious hyper-optimistic new product launch estimates.
MAS444
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Quote:

I assume everyone knows that you will not be able to buy this car, ever.

Apparently not.
GeorgiAg
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I think you have to put $50k down to get on the list. Like the above poster said, it will not have the ability to fly. I could see the vacuum and jet technology being employed a bit to do the crazy acceleration thing.
Ragoo
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I bleed maroon said:

I assume everyone knows that you will not be able to buy this car, ever. It's a demonstration of what they can do, but it would not be approved for road use. The car that will be produced is probably going to be the fastest, best-handling car ever made, but it will not fly. This was a publicity stunt - a very effective and impressive one, but still a stunt.

A future variant may have some sort of VTOL-type technology, but that's probably multiple decades away. Producing the real Roadster car in volume is likely to still be quite a ways away, given Tesla's notorious hyper-optimistic new product launch estimates.
the Tesla website pretty much says the same.
@NFLPlayerProps
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Less Evil Hank Scorpio
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deddog said:

The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.



You think people don't like him because he is innovative?
hph6203
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SpaceX earnings on Tuesday.
Tesla earnings on Wednesday.

Elon Musk interview by Walter Isaacson (his biographer) drops on Wednesday and Isaacson was on TBPN last Friday saying people are underreporting that SpaceX and Tesla collaborated on Roadster.

.
deddog
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Less Evil Hank Scorpio said:

deddog said:

The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.



You think people don't like him because he is innovative?

He's demomized because he chose one party over another, but his innovation threatens the grift of politicians and bureaucrats - worldwide. And so they encourage it

He is enemy #1, a bigger target than Donald Trump.
cajunaggie08
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deddog said:

Less Evil Hank Scorpio said:

deddog said:

The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.



You think people don't like him because he is innovative?

He's demomized because he chose one party over another, but his innovation threatens the grift of politicians and bureaucrats - worldwide. And so they encourage it

He is enemy #1, a bigger target than Donald Trump.

Why does everyone talk about Tesla and SpaceX and the rest of the Musk CEO/owned companies as if he is personally inventing all of that? He's not the first person to think of slapping rockets to a car. His engineers used SpaceX tech to make it happen without the car crashing for a demo. But its not some groundbreaking tech yet.
Ragoo
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cajunaggie08 said:

deddog said:

Less Evil Hank Scorpio said:

deddog said:

The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.



You think people don't like him because he is innovative?

He's demomized because he chose one party over another, but his innovation threatens the grift of politicians and bureaucrats - worldwide. And so they encourage it

He is enemy #1, a bigger target than Donald Trump.

Why does everyone talk about Tesla and SpaceX and the rest of the Musk CEO/owned companies as if he is personally inventing all of that? He's not the first person to think of slapping rockets to a car. His engineers used SpaceX tech to make it happen without the car crashing for a demo. But it's not some groundbreaking tech yet.
what is your point exactly?
EFR
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I think his point is that the Elon worship is strange, really strange. When you have people saying "if we gave him 50% of our tax money he could solve half of humanity's problems" there is no other term to use beside strange.
Ragoo
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EFR said:

I think his point is that the Elon worship is strange, really strange. When you have people saying "if we gave him 50% of our tax money he could solve half of humanity's problems" there is no other term to use beside strange.
do you also think Elon hate is likewise strange?
EFR
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I honestly don't care about him enough to have thought about it. All I know is that when people start saying stuff like "we should give him half our tax money and he could solve half of humanity's problems" admiration has turned into irrational worship.
double aught
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EFR said:

I honestly don't care about him enough to have thought about it. All I know is that when people start saying stuff like "we should give him half our tax money and he could solve half of humanity's problems" admiration has turned into irrational worship.
Yes, that is irrational.

Also, I haven't heard one person suggest this.
EFR
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It is literally on this thread.
MAS444
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And 4 people starred it. Mind boggling.
Ragoo
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EFR said:

I think his point is that the Elon worship is strange, really strange. When you have people saying "if we gave him 50% of our tax money he could solve half of humanity's problems" there is no other term to use beside strange.
it isn't an crazy idea to acknowledge that Elon has an insane ability to empower and lead people to solve complex problems. The idea you are referencing is a lot of hyperbole, imo.
AG N ASIA
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cajunaggie08 said:

deddog said:

Less Evil Hank Scorpio said:

deddog said:

The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.



You think people don't like him because he is innovative?

He's demomized because he chose one party over another, but his innovation threatens the grift of politicians and bureaucrats - worldwide. And so they encourage it

He is enemy #1, a bigger target than Donald Trump.

Why does everyone talk about Tesla and SpaceX and the rest of the Musk CEO/owned companies as if he is personally inventing all of that? He's not the first person to think of slapping rockets to a car. His engineers used SpaceX tech to make it happen without the car crashing for a demo. But its not some groundbreaking tech yet.

Barack?Barack is that you?
AustinAg2K
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cajunaggie08 said:

deddog said:

Less Evil Hank Scorpio said:

deddog said:

The man and his companies are changing the trajectory of humanity in a way no one thought possible
Absolutely insane.

if we gave 50% of our taxes to Elon, half of humanitys problems will be solved. Which explains why so many politicians and people don't like him.



You think people don't like him because he is innovative?

He's demomized because he chose one party over another, but his innovation threatens the grift of politicians and bureaucrats - worldwide. And so they encourage it

He is enemy #1, a bigger target than Donald Trump.

Why does everyone talk about Tesla and SpaceX and the rest of the Musk CEO/owned companies as if he is personally inventing all of that? He's not the first person to think of slapping rockets to a car. His engineers used SpaceX tech to make it happen without the car crashing for a demo. But its not some groundbreaking tech yet.


And Steve Jobs didn't invent the iPhone. No major products are invented by one person anymore, but there is often a leader that pushes people to do things they didn't think was possible. That's what Jobs did with Apple. It's what Elon has done with Tesla and SpaceX.
AgCMT
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So you're saying load up on Tesla or SpaceX? lol This thread isn't in the politics thread.
QBCade
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My big concern with investing in Elon Co is that it's really him and the dude doesn't seem very healthy. Something happens to him healthwise, yikes.
atmtws
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Pfft….mines already in my driveway.
/W\ Saw 'Em Off! /W\
BTHO tu.
JohnClark929
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I have owned Tesla stock for a long time and bought the SpaceX IPO. Tesla stock is about the same price it was 5 years ago so would have been better off with QQQ but oh well.

In any case, I always thought Tesla/SpaceX would merge and the Musk pay packages give him a greater reward with SpaceX stock in a stronger position before the merger. For that reason between SpaceX and Tesla, I have been heavier SpaceX.

As for long-term, I can't think of a better meme play than SpaceX so I will continue to hold.
hph6203
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His pay packages don't favor a higher SpaceX market cap, but his ownership percentage/voting control does. He has around ~85% of voting rights in SpaceX and ~20% in Tesla. In a merger of equals he ends up with just over 50% of the combined company's voting rights and ~35% of the equity.

His pay package at Tesla awards him with ~1% increase in ownership of the company per tranche achieved. The pay package was structured to have him achieve one operational milestone (e.g. 1 million Robotaxis, 10 million FSD subscriptions, EBITDA targets etc) and one market cap milestone ($2T and every $500B until
$8.5T). If Tesla is acquired by SpaceX he gets the stock tranches based upon the closing value of Tesla whether he hits the operational milestones or not.



He also has a pending tax bill that a proportion of his ownership will go to fund. ~7% of Tesla shares are restricted based upon his 2018 comp package. When Tesla mergers, or Jan 19, 2028 comes, whichever is first, he loses about 40% of those shares to taxes. He will want this merger vote to occur within the next ~12 months to ensure he can vote as many shares as possible.

50-50 split in ownership between the companies in the combined entity is about the highest premium he'd be willing to go, because anything higher would risk him owning <50% of the voting rights.
.
JohnClark929
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