SpaceX shares surged 9% in premarket trading after a third quarter that exceeded analysts’ expectations. The company reported quarterly revenue of $14.58 billion, up 161% year over year, and achieved its first quarterly profit as a public entity. Elon Musk, who leads both SpaceX and Tesla, hinted at a potential merger while stating that no definitive terms had been agreed upon. Prediction markets have reflected the heightened speculation, particularly about a possible announcement before December 31, although no official confirmation has been provided.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
