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After SpaceX (SPCX.O) released earnings, shares rose 9.2% in premarket trading; Musk said merging with Tesla is "a good idea".
2026-10-21
After SpaceX (SPCX.O) released earnings, shares rose 9.2% in premarket trading; Musk said merging with Tesla is "a good idea".
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2026-10-21
SpaceX (SPCX.O) and Tesla (TSLA.O) have each formed special committees of independent directors to explore a potential merger, Elon Musk said on SpaceX’s earnings call. Musk said he cannot participate in discussions because of a conflict of interest
SpaceX (SPCX.O) and Tesla (TSLA.O) have each formed special committees of independent directors to explore a potential merger, Elon Musk said on SpaceX’s earnings call. Musk said he cannot participate in discussions because of a conflict of interest but called a tie‑up “a good idea.” He cited potential synergies in AI, chips, robotics and communications connectivity, but stressed a deal is not certain and that it would be “overstating” to say it is done. Any transaction would require approval from 50% of Tesla shareholders, which he described as a high threshold.
2026-10-21
Iranian foreign minister Araghchi said Iran will always retain influence over shipping through the Strait of Hormuz.
Iranian foreign minister Araghchi said Iran will always retain influence over shipping through the Strait of Hormuz.
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