Tesla’s Flying Roadster Has Wall Street Talking About SpaceX, Not Cars
Yes, it's a flying car, but it's really not for sale.
Tesla's recently unveiled flying Roadster has piqued Wall Street's curiosity, diverting attention from the electric vehicle itself. The spectacle, which showcased the car's ability to land, roll, and take off using cold-gas thrusters, has generated more discussion about a potential merger between Tesla and SpaceX.
Tesla CEO Elon Musk demonstrated the flying Roadster on a vertical ramp, performing various maneuvers before launching into the air. Despite its impressive engineering, the flying Roadster remains inaccessible to buyers, with production of the non-flying variant expected to begin in 2028.
Observers noted that the flying car's commercial viability remains uncertain, citing FAA regulations as a significant hurdle. Analysts argue that the demonstration highlights Tesla's and SpaceX's intertwined operations and financial ties, with SpaceX's acquisition of Tesla Megapacks and Tesla's purchase of SpaceX shares fueling speculation of a merger. Analysts predict a high likelihood of a Tesla-SpaceX merger in the coming months, though any such move would face shareholder approval and regulatory scrutiny.
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