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Business / Automotive Automotive

SpaceX, Tesla Merger A 'Forgone Conclusion,' Says Ross Gerber

Source: bloombergMarkets June 12, 2026 · 13:33
Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said that he feels a that a merger to combine SpaceX and Tesla is a 'forgone conclusion' and that he believes its been propping up Tesla's stock as people wait for an opportunity to own SpaceX. Gerber says that despite some concerns about Musk's complete control over both companies, he feels that investors know what they are getting into putting their money in his hands and that investors who have a problem with it shouldn't buy the stock. (Source: Bloomberg)
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