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🚨 A SpaceX–Tesla merger has long been speculated. But what would it actually look like in financial terms? In this episode of @overthehorizon, Larry Goldberg breaks down the financial mechanics of a potential merger of equals between @SpaceX and @teslastructured via a share swap following a SpaceX IPO. 🚨We examine: 📌 SpaceX post-IPO valuation assumptions 📌 Tesla projected valuation and timing windows 📌 The share issuance math behind a merger of equals 📌 Dilution implications for both shareholder bases 📌 How Elon Musk’s golden share and voting structure could extend into the combined entity 📌 Regulatory, litigation and structural risks 📌 Why integration may be strategically inevitable given AI, robotics, energy and orbital convergence This is not speculation. It is a structured financial model built on conservative assumptions and M&A logic. 🚨 Link to Larry Goldberg's article on X 👇🏽 https://x.com/TeslaLarry/status/20212... If SpaceX does IPO at scale, the next phase of Musk convergence could be closer than most investors realise. #SpaceX #Tesla #ElonMusk #ShareSwap #Merger #MuskEconomy #Starlink #xAI #CorporateFinance #MergersAndAcquisitions #TechInvesting #ArtificialIntelligence #overthehorizonpodcast