Musk's Tesla and SpaceX explore merger
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SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
Here are some of stocks making notable moves in Wednesday's premarket action: SpaceX shares are jumping more than 10% after Elon Musk's rocket and satellite-internet company revealed earnings late Mon
Here's what SpaceX stock investors should care about after Q3 2026 earnings: revenue, profit, Starlink, AI and Elon Musk's bitcoin holdings.
Facebook is the classic example of mega-tech IPOs, and SpaceX’s roughly $75 billion IPO is the latest test of it.
Elon Musk said that his rocketry and electric-vehicle firms, SpaceX and Tesla, were exploring a merger, and that a tie-up was “a good idea”. Mr Musk stated that, as a “conflicted party”, he could not personally push through a deal,
Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.
The aerospace and AI company posted $14.6 billion in revenue, up 161% year-over-year.
CFO Bret Johnsen highlighted favorable pricing conditions for SpaceX's Super Intelligence cloud services. "At current pricing, new compute deployments are generating a payback of less than a year," Johnsen said on the earnings call,
