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Sargasso Capital Management Announces Project Kepler: The Case for Combining Tesla & SpaceX

globenewswire.com
TSLA The article discusses a report from Sargasso Capital Management proposing a combination of Tesla and SpaceX. While the report is advisory, Tesla is suggested as the surviving entity in an all-stock merger. The sentiment is neutral as it's a proposal and not a confirmed event.

NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Sargasso Capital Management, a New York-based hedge fund, today announced “Project Kepler: The Case for Combining Tesla & SpaceX,” a report by founder Patrick Feeley advising the two companies to combine. Read it at projectkepler.co.

Tesla and SpaceX have each formed a special committee to study a combination. The report is written for those committees and asks each to weigh its research as part of their independent review.

The report finds SpaceX’s goal of launching 100 gigawatts of AI compute to orbit each year means roughly a million tonnes annually, about 135 times its lifetime total. It proposes an all-stock combination with no premium, Tesla as the surviving company.

About Sargasso Capital Management

Sargasso Capital Management is a New York-based hedge fund founded by Patrick Feeley. Learn more at sargassocap.com.

Disclosures

As of Nov 9, 2026, Sargasso Capital Management and its affiliates hold small positions in Tesla and SpaceX. This is not investment advice.

Media Contact

media@sargassocap.com