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Tesla Holder Merz Sits Out SpaceX IPO in Bet on Musk Merger Bid
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Tesla Holder Merz Sits Out SpaceX IPO in Bet on Musk Merger Bid Alexandra Merz, a longtime Tesla Inc. investor, said she deliberately avoided buying shares in SpaceX’s initial public offering because she expects Elon Musk to move quickly to combine the two companies. “My thesis is that Tesla and SpaceX will merge,” Merz, chief executive officer of L&F Investor Services, said Friday in a Bloomberg Television interview. “As an all-in Tesla investor I would have had to sell Tesla, which I was...
Tesla Holder Merz Sits Out SpaceX IPO in Bet on Musk Merger Bid
Alexandra Merz, a longtime Tesla Inc. investor, said she deliberately avoided buying shares in SpaceX’s initial public offering because she expects Elon Musk to move quickly to combine the two companies.
“My thesis is that Tesla and SpaceX will merge,” Merz, chief executive officer of L&F Investor Services, said Friday in a Bloomberg Television interview. “As an all-in Tesla investor I would have had to sell Tesla, which I was not going to do. So my thesis is I am going to hold these and in a couple of short weeks, if I am right, they will announce the merger that will then be consummated in the first half of 2027.”
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