Barclays raises Tesla price target to $450 on SpaceX merger speculation

Barclays upgraded Tesla $TSLA to overweight from equal-weight, raising its price target to $450 from $370, as analysts speculate on a potential SpaceX merger. The upgrade comes as Elon Musk's SpaceX closed a $40 billion financing round for GPU infrastructure, signaling aggressive expansion in artificial intelligence infrastructure.

The bullish call contrasts with broader market weakness in AI-related equities and reflects growing confidence in Musk's broader portfolio strategy. Investors should monitor regulatory and operational implications of any potential Tesla-SpaceX combination. #marche #ai #defense