Billionaire investor shorting SpaceX says one possible fix won't work

The bearish lawsuit against SpaceX keeps uncovering caller voices. I've present tracked abbreviated theses from Doug Kass, warnings from the erstwhile Nasdaq CEO, my colleague's portion connected Michael Burry walking distant from the trade, and Jim Cramer urging patience earlier the lockup expiration. 

Now adhd Peter Andersen of Boston-based Andersen Capital Management to that list.

Andersen has managed wealth crossed abstracted accounts, communal funds, and satellite plus classes since 1993. He isn't conscionable skeptical of SpaceX (SPCX). He's actively shorting it. And erstwhile asked whether a Tesla-SpaceX merger would alteration his mind, his reply was contiguous and unambiguous.

I really deliberation that that's adjacent a much confusing situation.

Andersen continued to accidental successful a caller CNBC interview. "I don't deliberation that would beryllium a solution."

That's a pointed rebuttal to 1 of the astir wide discussed imaginable catalysts for some stocks. And fixed everything that's happened since SpaceX's June IPO, it's worthy knowing precisely why.

Also Read: SpaceX Latest News and Stories

Why Andersen thinks a Tesla-SpaceX merger makes things worse, not amended

The merger speculation has been gathering since SpaceX's blockbuster June IPO. On Tesla's (TSLA) caller net call, an expert asked Elon Musk straight whether combining the companies made sense. 

"We can't speech astir combining companies connected an net call," Musk replied, according to Investopedia, earlier listing respective areas wherever the businesses already collaborate, including the Terafab spot manufacturing installation and Starlink integration with Cybercabs.

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Andersen's objection wasn't astir synergies, but astir analytical complexity. SpaceX already operates 3 chiseled segments — Starlink connectivity, rocket launches, and artificial quality (AI) infrastructure — that are genuinely hard to exemplary and worth independently. 

Adding Tesla's electrical vehicles, vigor storage, Optimus robotics, and a monolithic China manufacturing cognition into the aforesaid firm operation doesn't simplify that picture. We extremity up with respective variables.

"It makes it adjacent geometrically much complicated," Andersen said. "From a conceptual ground and for erstwhile you're looking astatine the risk."

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The regulatory magnitude is besides different furniture to crack. SpaceX is simply a delicate U.S. defence contractor. Tesla has heavy manufacturing ties to China, including its monolithic Shanghai facility.