BlockBeats News, July 22nd, according to CNN report, the market is now focusing on whether Musk will push for a SpaceX-Tesla merger after SpaceX's IPO. Tesla is set to release its earnings report after the U.S. market closes on Wednesday, followed by an investor conference call, where Musk may provide more clues on the future relationship between the two companies.

Morgan Stanley analyst Rajat Gupta stated that from a strategic standpoint, a merger could align the vision, engineering management, and AI business of the two companies. The two companies have already established a joint venture called Terafab in March this year to build a chip factory in Austin, Texas. Technology analyst Dan Ives predicts that the likelihood of Tesla merging with SpaceX in 2027 is over 80%, but this is only his personal assessment.

If the two companies merge, the overall valuation could reach around $30 trillion, placing it on par with Microsoft. The merger could also increase Musk's control over Tesla, as he currently holds over 80% of the voting power in SpaceX, compared to a roughly 20% stake in Tesla.

However, the potential transaction still faces regulatory hurdles. Gupta pointed out that Tesla has a large factory in China and receives a significant proportion of its sales and profits from there, while SpaceX has close ties to the U.S. government. Additionally, the valuations of both companies are highly dependent on market confidence in Musk, and the risks associated with a merger may become more concentrated post-merger.