News-News.Zip

News in English (USA) / 21.10.2026 / 05:00

SpaceX Reports Record Earnings and Profits Amid Tesla Merger Speculations

In a remarkable financial performance, SpaceX has reported a staggering 161% increase in revenue, driven primarily by its burgeoning AI business, which has significantly surpassed expectations. For the first time since going public, the company has posted a profit, generating $14.6 billion in revenue and $4.4 billion in net income. CEO Elon Musk hinted at potential merger discussions between SpaceX and Tesla, sparking further interest from investors. As both companies prepare for their respective earnings reports, market analysts are closely monitoring these developments, with traders anticipating substantial movements in SpaceX stock following this news.
Yahoo Finance, ABC News - Breaking News, Latest News and Videos, The Washington Post, MarketWatch, The New York Times, WSJ, CNBC, Reuters, Axios, AP News