JPMorgan holds Neutral on Tesla at $415 as SpaceX merger talks turn real

As seen on the 24/7 Wall St. homepage on October 21, 2026.

Special committees at both companies mean a SpaceX-Tesla combination is now a live deal process, yet JPMorgan is staying Neutral on Tesla with a $415 target.

JPMorgan lays out potential SpaceX $SPCX, Tesla $TSLA merger terms JPMorgan keeps a Neutral rating on Tesla with a $415 price target after Elon Musk announced that SpaceX and Tesla formed special committees to review a potential merger. The "logic for a combination remains https://t.co/iMh0dhzICq
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SpaceX and Tesla have both formed special committees to review a potential merger, a formal governance step that moves this past rumor.

JPMorgan kept its Neutral rating with a $415 price target, saying the logic for a combination remains.

Each board is now independently assessing whether a deal serves its shareholders, and that process carries its own momentum.

Any move in that rating or target would signal how Wall Street reads the deal's progress.

Mentioned: TSLA