STOCKS | Gerber Calls SpaceX-Tesla Merger a ‘Forgone Conclusion’
2026-06-12 20:52:06
Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said he sees a merger combining SpaceX and Tesla as a “forgone conclusion.” According to Bloomberg, Gerber said the prospect has been supporting Tesla’s stock as investors wait for a chance to own SpaceX, adding that investors who are uncomfortable with Elon Musk’s control of both companies should avoid the shares.
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