Tesla Surges 4.59% on Monday as SpaceX IPO Pricing Nears Friday, Prediction Markets Bet on Merger

KALSHI-3.78%

According to Barron's, Tesla stock surged 4.59% to close at $408.95 on Monday (June 8), while this week marks a critical period for Tesla, SpaceX, and CEO Elon Musk. SpaceX is expected to complete IPO pricing on Friday, with the company seeking to raise $75 billion amid investor demand of approximately $150 billion, Reuters reported.

Prediction markets have begun betting on a potential merger between SpaceX and Tesla. On Kalshi, traders estimate a 50% probability the two companies will merge by May 2027, while on Polymarket, odds of a merger by end-2026 stand at 43%.

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