SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
SpaceX up over 8% in premarket after earnings beat and Musk hints at Tesla tie-up
Source: CNBC
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Tesla and SpaceX are discussing a possible merger, Musk says
- Merging SpaceX and Tesla would be a "good idea," Musk says
- Musk confirms SpaceX and Tesla exploring merger
- Elon Musk says SpaceX and Tesla exploring largest merger in history
- Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?
- Elon Musk confirms he is considering merging Tesla and SpaceX
Related stories
CNBC
Nvidia announces plug and play Vera Rubin racks that can be shipped on a truck
Nvidia says its DSX Pod AI Factory, which combines seven Vera Rubin racks in a shipping container, could cut the time to start serving AI tokens to 14 days.
The Guardian
Total UK government debt hits £3tn for first time while inflation jumps to highest in nearly a year – business live
French government bond yields highest since 2002 as country rocked by protests; UK approves controversial North Sea gasfield Jackdaw The approval of Jackdaw is an “important step” for the North Sea, according to Shell . The UK energy giant jointly owns Jackdaw operator Adura , which is headquartered in Aberdeen, together with Norway’s Equinor . This is an important step in ensuring the UK North Sea can continue to contribute to the country’s energy security and economy. Long-term energy projects depend on a competitive and stable investment environment, alongside timely and predictable regulatory decisions. Continue reading...
CNBC
United Airlines slashes 2026 profit outlook on fuel prices, but travelers keep booking despite higher fares
United Airlines cut its profit outlook for the year as fuel prices continued to climb.
CNBC
Housing is flashing warning signs just as the Fed weighs more interest rate hikes
Housing data deteriorated further in September, according to separate reports Tuesday.
The Guardian4 outlets
Bereaved civil service families could face ‘unjust’ tax bills due to pension scheme delays
MPs say ‘chaos’ at Capita-run scheme could mean some claims miss tax-free time limit on lump sum payments Bereaved families could face “unconscionable” tax bills because of “chaos” in the civil service pension scheme, the government has been warned. Some lump sum pension payments to families are only tax-free if made within two years of a scheme being told of the member’s death. Continue reading...
CNBC
House committee says Webull messages point to China access to U.S. customer data
The House Select Committee on China earlier this month said online investing platform Webull is quietly "tied in structural ways" to China's government.