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TSLASpaceXmergers and acquisitionsartificial intelligence
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.55 |
| Change that session | +3.44% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Why SpaceX Stock Dropped After Earnings
SpaceX shares rose 7.8% yesterday after the company reported earnings of $0.35 per share, more than double the $0.16 analysts had expected. Its Super Intelligence business, formerly AI, turned profitable, with sales up 830% and a quarterly profit of $431 million. Today the stock is down 5.8% as of 11:45 a.m. ET. Possible reasons include a potential merger with Tesla, regulatory risk tied to alleged Starlink speed slowdowns in Ukraine, and cash burn that has exceeded $35 billion year to date.
- Behind Elon Musk's plans for a mega-merger of SpaceX and Tesla
Elon Musk said SpaceX and Tesla are considering a merger, with each company's board forming a special committee to review it, but stressed the deal is far from done and needs shareholder support. If completed, it would likely be the largest corporate merger ever, far exceeding Vodafone's roughly $200-billion buyout of Mannesmann in 2000. Analysts see AI as the main driver: Tesla has begun pilot testing its Cybercab ride-hailing vehicle, which has no human controls, and sees the Optimus robot as key to its future, while SpaceX gained AI infrastructure through its acquisition of xAI. Beyond strategic benefits, the deal faces practical challenges in combining two trillion-dollar companies with very different operations, along with regulatory concerns in China and Europe. After the news, SpaceX shares rose 3% to $386.47 and Tesla shares gained nearly 8% to $159.31, adding $64 billion to Musk's net worth.
- A SpaceX-Tesla megamerger could benefit both companies and Elon Musk's personal fortune
SpaceX shares rose 8% and Tesla 3.5% after Elon Musk said each company had formed special committees to discuss a possible combination. At current market values, the merged company would be worth about $3.5 trillion, the largest deal ever, and Musk argues it makes sense because both businesses rely heavily on artificial intelligence. Musk owns 11% of SpaceX and 19% of Tesla, and a change-in-control provision in Tesla's pay plan could treat many performance targets as met in a merger, which would make him richer. Although the shares are very expensive by most measures, most analysts still call them a bargain, and many work for banks hoping to win Musk's business. Democrats have called for investigations into SpaceX's federal contracts and could scuttle plans if they win big in next month's midterm elections.
- How a SpaceX and Tesla Merger Would Reshape Musk’s AI Empire
Elon Musk said on Tuesday that the boards of SpaceX and Tesla have each formed special committees of independent directors to study a merger, though no terms have been agreed. A combined company valued at roughly $3.5 trillion would own the Grok chatbot, X, Starlink, the Terafab chip project, the Starmind orbital data center plan, and Tesla’s robotaxi and Optimus robot businesses. Any deal needs the support of 50% of all outstanding Tesla shares, which Musk called “quite a high hurdle,” and Tesla’s annual meeting is set for December 3. SpaceX reported third-quarter revenue of $14.58 billion, above the $12.72 billion analysts expected, and its first quarterly profit since going public, largely from renting computing power to firms such as Anthropic and Google. Musk stressed that a merger is not certain, and SpaceX’s IPO paperwork warned that orbital AI computing relies on “unproven technologies.”
- US stocks nudge higher as SpaceX , Tesla and Nvidia climb
U.S. stocks drifted near flat on Wednesday, with the S&P 500 virtually unchanged and the Nasdaq Composite up 0.4% in mid-morning trade, as strong profit reports from SpaceX, Capital One and others offset disappointing updates from Netflix and AT&T. SpaceX climbed 11.1% after posting a bigger summer profit than analysts expected, and Musk said the company took a step toward considering a possible merger with Tesla, which rose 3.3% ahead of its results late Wednesday. Netflix fell 4.2% over a revenue-growth forecast below expectations, and AT&T dropped 5.6% over an earnings outlook that fell short, even though both beat profit estimates. Nvidia gained 0.9% and Super Micro Computer rallied 11.4% on stronger demand for AI platforms, while CoreWeave's volatile shares slipped 2.1% after erasing an early gain. The 10-year Treasury yield eased to 5.09% from 5.12%, but remains well above its 3.97% level before the war with Iran pushed oil prices higher.
- SpaceX stock soars to its best day in 2 months while space peers climb out of a 26% hole
SpaceX (SPCX) opened with its biggest jump since its June debut and was on pace for its best day in two months. Third-quarter revenue and profit topped Wall Street estimates, and the AI business now brings in nearly half of sales. CEO Elon Musk said SpaceX and Tesla (TSLA) have each formed committees to study a merger. Through Tuesday, SpaceX was down 2% in October, versus about 26% for the typical newer space stock. Its planned $35 billion to $40 billion of fourth-quarter spending is seen as higher than expected, though backed by a $63 billion backlog, while up to 1.3 billion shares unlock on Thursday.
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- SpaceX Says It’s on Pace to Bring 200,000 Nvidia Chips Online a Month. Here’s Why Jensen Huang Calls GPU-Backed Loans “the Big Idea”
Nvidia (NVDA) closed at $221.97 on October 21, up 2.54%, a day after SpaceX said on its earnings call it expects to bring about 200,000 Nvidia GB300s online each month for the rest of the year. According to the Financial Times, SpaceX is seeking about $40 billion in loans and investment-grade debt to buy the chips, with Apollo expected to lead; a source told CNBC the deal would likely use the GPUs as collateral, though Bloomberg reports talks are early and could fail. Nvidia is both a supplier and a SpaceX shareholder, with a stake worth about $21 billion at the end of June. The article's main risk is financing: if rental rates fall, collateral value falls too, and Nvidia's free cash flow dropped to $21.40 billion in the July quarter from $48.59 billion the prior quarter.
- a16z Drops Crypto From Its Name, Widens Bets to AI and Frontier Tech
Andreessen Horowitz is renaming its crypto fund “a16z Frontier” and widening its mandate to AI and other long-horizon technologies, according to an email to newsletter subscribers. The firm says it will keep investing in crypto and advocating for sensible crypto regulation. Chris Dixon argues blockchains have faded into the background of products from Wall Street and fintech firms, so companies should be defined by what they do rather than the technology they use. He expects new “native use cases” to emerge, and sees crypto as a way for AI agents to pay each other. The new fund will be led by Dixon with Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet; the post gives no size for it, and the latest figure on record is the $2.2 billion announced in May.
- Dell Unveiled New AI Servers a Week After Barclays’ Downgrade. Here’s Where the Stock Could Go by 2031
Dell unveiled new AI Factory servers with NVIDIA at GTC Berlin on October 21, one week after Barclays downgraded the stock and cut its target to $574 from $603. Shares closed at $485.88, still below the $572.47 close of October 13. Barclays argues strong revenue mainly reflects memory costs passed on to customers, while CFO David Kennedy says new dense systems can replace 5 or 6 of those existing servers and supply will be tighter in 2027. Traditional servers and networking revenue rose 122% to $10.5 billion in the fiscal second quarter, and the AI server backlog stood at $95 billion as of July 31. TIKR's mid-case scenario puts the stock near $750 by January 31, 2031, about 54% higher, while Dell reports fiscal third-quarter results after the close on November 24.
- Elon Musk invests $1bn in CNN-owner Skydance
Elon Musk reportedly invested $1bn in Skydance, the newly formed company created through Paramount's $110bn takeover of Warner Bros, which owns CNN and CBS News, according to Semafor. Skydance carries net debt of roughly $80bn and is targeting $6bn in cost savings. The article says the investment repays a favour to Larry Ellison, who backed Musk's $1bn Twitter takeover in 2022. While the cash may ease pressure on Skydance's balance sheet, it could also fuel concerns about a right-wing media empire, as unions have accused CBS of editorial interference.
- Winklevoss PAC moves into Texas Senate race with $81K ad buy
Digital Freedom Fund, a super PAC launched in 2025 by Gemini co-founders Cameron and Tyler Winklevoss, spent more than $81,000 on direct mail backing Republican Ken Paxton and opposing Democrat James Talarico in the Texas Senate race. The PAC also spent in Ohio, bringing its support for Republican Jon Husted to about $7 million, and reported raising about $34 million as of Sept. 30. Prediction markets Kalshi and Polymarket heavily favored Democrats retaking the House and Senate in 2027, a result that would significantly affect the chances of passing the Digital Asset Market Clarity Act. Paxton had earlier benefited from $500,000 in ads funded by Fellowship PAC, which went through Nxum Group, co-founded by former Trump crypto adviser Bo Hines, and Nxum reportedly received $6.3 million in a deal with Tether.
- Why HubSpot Stock Rallied Today
HubSpot shares jumped as much as 7% on Thursday amid speculation about software sector M&A. Earlier this week Salesforce agreed to acquire Braze for $5.66 billion at a 58% premium, and the prior week CCC Intelligent Solutions and Varonis Systems agreed to deals at 44% and 52% premiums. Jefferies analyst Samad Samana sees the Braze deal as a possible spark for a takeover of Klaviyo and considers HubSpot an attractive private equity candidate, though he views a direct acquisition as unlikely. The article estimates a HubSpot deal, given its market cap above $13 billion and an average 51% premium, could cost around $20 billion, but stresses this is speculation.
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