SpaceX shares surge 8% after earnings beat, Musk floats Tesla merger
A third-quarter revenue surge and a surprise merger hint put SpaceX in the spotlight. Here is what it means for Tesla investors and the space economy.

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A third-quarter revenue surge and a surprise merger hint put SpaceX in the spotlight. Here is what it means for Tesla investors and the space economy.
The AI data centre firm raised $151m, then posted the worst first-day drop ever for a large Korean listing, putting AI valuations on notice.
The streaming giant's earnings beat couldn't offset investor worries about its advertising business and softer revenue outlook.
The streamer cleared third-quarter estimates, then spooked investors with a soft fourth-quarter outlook and a cautious read on 2026 ad revenue.
The Hunger Games and John Wick owner is now in play, with activist pressure mounting and a $3.6 billion market cap on the table.
The Claude maker's 5% share pledge, worth $48bn, is a bid to win over regulators and investors before its stock market listing.
The Tesla and SpaceX CEO's gift would amount to roughly 1% of his net worth, turning millions of minors into private-company shareholders.
Tech leaders want the shares given directly to Americans, not parked in a foundation.
The AI company is locking a slice of its value to social causes before a potential November IPO, with roughly 20% of shares now pledged to the public good.
Nine months after the announcement, TikTok's top creator still hasn't seen a cent, and the public shell's shares have collapsed from $180 to $1.93.
Stocks jumped on stronger-than-expected guidance, signaling enterprise AI workloads are accelerating faster than Wall Street priced in.
The fast-fashion giant finally listed in Hong Kong on Tuesday, but investors greeted it with a sell-off. Here's what the debut signals for the company and the broader market.