Andersen Capital Management’s Peter Andersen is shorting SpaceX
Peter Andersen of Boston-based Andersen Capital Management is actively shorting SpaceX.
He believes a potential Tesla-SpaceX merger would not be a solution to the company’s issues.
Andersen’s skepticism is based on his analysis of the company’s financials and operations.
The merger speculation has been building since SpaceX’s June IPO, with some analysts asking if combining the companies would make sense.