Today's word is ratio. Professor Wobble: a ratio is how many you get for each one, and Barclays guesses 0.7 SpaceX shares per Tesla share. Bitsy: how big are they? SpaceX, $2.06 trillion; Tesla, $1.45 trillion; about $3.5 trillion together, with the Terafab chip plant costing $55 billion to start and $119 billion in all. Mort: a guess, nobody has announced a deal. Brought to you by the number 0.7.
Barclays' sketch of a Tesla–SpaceX deal gives Tesla holders about 0.7 SpaceX shares per Tesla share, joining a company worth about $1.45 trillion to one worth $2.06 trillion, roughly $3.5 trillion combined; the analyst's reason is money, since the Terafab chip project the two are building carries an initial $55 billion and an estimated $119 billion in all, and one board would approve such spending instead of two; nothing has been announced.
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X · Oct 15, 2026
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