What does the SpaceX xAI merger mean for Tesla stock?

It channels AI-focused capital toward publicly traded Musk assets while SpaceX remains private. That can lift liquidity and volatility in Tesla stock as traders seek exposure to Musk’s AI plans. The impact may be uneven day to day, so use clear risk limits and track key technical levels.

Is Tesla stock a good proxy for a future SpaceX listing?

It is the most liquid Musk-linked proxy today, blending EVs, autonomy, and AI. But it is not a one-to-one substitute for space launch or satellite economics. Treat it as an imperfect exposure with stock-specific risks, including valuation, competitive pressures, and execution on software and energy.

How could this deal affect Elon Musk net worth and Tesla stock?

A higher private valuation for SpaceX and xAI can lift implied wealth for Musk, which often becomes a market story. That attention can pull flows into Tesla stock as a proxy. Still, price should track company fundamentals over time, not headlines about personal wealth.

What key levels and dates should I watch for Tesla stock?

Near term, watch US$422.58 at the lower Bollinger Band, the 50-day average near US$444.56, and the 200-day near US$379.79. Elevated ATR of 16.58 implies wider swings. The next major date is April 21, 2026, for earnings and guidance on AI, autonomy, and margin trends.

Global Market Insights

TSLA Stock Today: February 5 – SpaceX-xAI Deal Stokes Musk Trade

ByDanny Kontos February 6, 2026February 6, 2026

Tesla stock is in focus for Canadian investors after reports that SpaceX will acquire xAI in a deal valuing the combined private enterprise near US$1.25 trillion. With SpaceX still private, the Musk trade may funnel AI and space enthusiasm into publicly traded proxies, led by Tesla stock. Today’s price action, technicals, and positioning show why volatility can rise as speculators seek first-mover exposure to Musk’s AI strategy. We outline levels, valuation signals, and a practical game plan for Canadians.