Musk Increases Stake in SpaceX by $1.4B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2026
0mins
Should l Buy TSLA?
Tesla CEO Elon Musk increased his stake in SpaceX last year by purchasing $1.4B worth of stock from current and former employees, The Information's Valida Pau and Cory Weinberg report. SpaceX also approved a plan last month that would award the billionaire CEO 60 million additional shares if the company's market capitalization climbs from $1.1T to as high as $6.6T and the firm completes a plan of building data centers in space to supply compute for AI developers, according to the report.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to rise
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 378.670
Low
25.28
Averages
401.93
High
600.00
Current: 378.670
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Robotaxi Expansion: The launch of driverless Robotaxi services in Dallas and Houston marks Tesla's third city for this initiative, following Austin, representing a crucial step towards achieving nationwide Robotaxi operations, despite ongoing regulatory hurdles.
- Strategic Shift: Tesla is pivoting towards higher-margin businesses such as Robotaxis, humanoid robots, and AI, which could drive future profitability, even as its traditional car sales face challenges like declining market share and rising inventory levels.
- Market Challenges and Opportunities: While Tesla has made progress in Robotaxi deployment, it continues to face stiff competition from rivals like BYD and Volkswagen in the EV market, necessitating investor vigilance regarding its long-term growth potential amid stock volatility.
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See More
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Elon Musk's Award: The filing pertains to a performance-based award that was granted to Elon Musk, reflecting his role and contributions as CEO.
See More
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- Market Potential: According to Goldman Sachs analysts, the U.S. robotaxi market is projected to generate over $19 billion in revenue by 2030, and Roamly's insurance product is essential for providing the necessary commercial protection to ensure sustainable development in this sector.
- Technology Integration: The insurance product connects directly to Tesla's onboard computer, reading high-fidelity telemetry and vehicle health data in real-time to offer transparent rates, enabling fleet operators to manage risks more precisely.
- Global Expansion: Roamly has established Network Operations Centers in the U.S. and London, providing 24/7 monitoring of autonomous driving sessions, ensuring fleet managers receive efficient risk management support globally, thereby enhancing their competitive edge.
See More
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- Valuation Expectations: The company aims for a valuation of $1.75 trillion, significantly higher than its $1.25 trillion valuation at the merger with xAI, although analysts consider a $1.5 trillion valuation 'expensive and risky' yet not irrational, reflecting market confidence in its future growth.
- Strong Market Demand: Early reports indicate robust demand for SpaceX shares, with some investors pouring money into opaque secondary markets, demonstrating a strong desire to own shares, which could drive the valuation well above $1 trillion.
- Future Growth Potential: Despite recording a net loss of about $5 billion in 2025, SpaceX's Starlink division's profitability and high growth rates provide strong value support, and as Starship commercializes, the valuation is expected to become progressively easier to justify.
See More
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- Tesla Ownership Analysis: Barclays analyzes Elon Musk's path to 25% ownership in Tesla, suggesting that the 2018 compensation package could increase Musk's stake by approximately 4% to 16.8%, reflecting the complexity of the company's governance structure.
- Uber's Market Opportunities: Jefferies reiterates Uber as a buy, believing that Tesla's struggles in the robotaxi sector will reduce market risks for Uber, allowing its fundamentals to gain more attention, potentially driving stock price increases.
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