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China's ChiNext Index rose 1.00%; Shenzhen Composite Index up 0.87%; Shanghai Composite Index up 0.06%. F5G-related names, fiber-optic stocks, the CPO sector and pork stocks led gains.

2026-10-21

China's ChiNext Index rose 1.00%; Shenzhen Composite Index up 0.87%; Shanghai Composite Index up 0.06%. F5G-related names, fiber-optic stocks, the CPO sector and pork stocks led gains.

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2026-10-20

US Secretary of State Rubio reiterated desire to increase energy trade with India.

US Secretary of State Rubio reiterated desire to increase energy trade with India.
2026-10-21

1. SpaceX and Tesla are considering a merger: Musk stated that, at the request of shareholders, both companies have established special committees to discuss a potential merger. However, he emphasized that a merger is not a done deal. 2. SpaceX has

1. SpaceX and Tesla are considering a merger: Musk stated that, at the request of shareholders, both companies have established special committees to discuss a potential merger. However, he emphasized that a merger is not a done deal. 2. SpaceX has achieved profitability: The world's largest rocket company reported a profit of $4.4 billion in the third quarter. The company's artificial intelligence business drove rapid growth, while its space and networking businesses also saw growth. 3. Revenue is expected to grow significantly: Musk predicts that SpaceX's annual recurring revenue will exceed $500 billion by the end of 2027, and could even reach $1 trillion. The company's third-quarter revenue was $14.6 billion. 4. Musk is currently based in Memphis: Musk stated that he is currently spending four days a week at SpaceX's Memphis facility to advance the deployment of SpaceX's supercomputing cluster. 5. Starport, Louisiana, is expected to begin rocket launches in 2029: Musk stated that SpaceX's planned launch site in Louisiana is "very likely" to be operational within three years. The site is currently a duck hunting ground.
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