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Tesla Bull Pierre Ferragu Predicts $113 Combined Market Cap Of Elon Musk's AI Startup xAI And X Will Look 'Tiny' In Few Years: 'So Much Potential'

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Tesla Bull Pierre Ferragu Predicts $113 Combined Market Cap Of Elon Musk's AI Startup xAI And X Will Look 'Tiny' In Few Years: 'So Much Potential' - Benzinga

Quick Summary:

Pierre Ferragu, an analyst at New Street Research, long-time Tesla Inc.(NASDAQ:TSLA) advocate, and Grok investor, believes that the $113 billion market cap of Elon Musk's latest merger will soon seem modest.

What Happened: Ferragu reacted positively to the news that Musk is merging xAI with his social media platform X in a deal valuing the combined entity at $113 billion."Oh yes.

The global town square is taking a massive step up," Ferragu said X, adding that the $113 billion valuation "will look tiny in a few years," highlighting his bullish outlook on the growth potential of the merged companies. 

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Tesla Bull Pierre Ferragu Predicts $113 Combined Market Cap Of Elon Musk's AI Startup xAI And X Will Look 'Tiny' In Few Years: 'So Much Potential' - Benzinga (Picture 1)

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 01:56:11 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 335 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27456239

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 24 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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