SpaceX Shares Surge After Revenue Tops Expectations, Tesla Merger Teased
SpaceX shares surged after the company beat Wall Street revenue expectations, including for its AI business, and teased a potential merger with Tesla.
Shares in Elon Musk's rocket company jumped after SpaceX reported revenue above Wall Street expectations, including revenue from its AI business. The artificial-intelligence trade also received a boost. SpaceX also floated the possibility of a merger with Tesla, which would bring Musk's companies together.