SpaceX’s valuation lead over Tesla widens to $1.1 trillion, sharpening the case for an all-stock merger

The piece argues that SpaceX’s valuation now exceeds Tesla’s by $1.1 trillion, and that the widening gap could strengthen the financial logic for a consolidation. It says an all-stock deal would significantly dilute Tesla shareholders while further concentrating Elon Musk’s control. While stressing there is no concrete deal process under way, it adds that the valuation split is already pushing capital from Tesla toward SpaceX, worsening pressure on Tesla shares amid weaker growth and looming cash burn, according to Bloomberg Opinion. Nvidia is referenced only as a market-cap comparison and has no business or financial linkage to the scenario.