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Active of the day: Spacex takes off more than 12% in stock exchange after results and possible merger of 3.5 billion

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 21/10/2026, 16:41:25 UTC.

Briefings

SpaceX shares surged to a 12.44% daily high on October 21, 2026, following strong Q3 2026 results and speculation of a potential merger with Tesla. The company reported a 161% revenue increase to $14.6 billion and a net profit of $4.4 billion, with analysts expecting recurring annual revenue of $100 billion by December 2026. A potential $3.5 billion merger with Tesla could push the company's market cap above $3.5 billion if Musk proceeds with the deal.

Key points

• SpaceX shares reached a peak of 166.18 USD on October 21, 2026, marking the largest daily gain since August 7, 2026.
• Revenue for the third quarter of 2026 increased by 161% to $14.6 billion, with net profit reaching $4.4 billion.

Context

SpaceX, led by Elon Musk, dominates orbital launches with over 50% of global launches in 2025. The company's stock launched in June 2026 via its IPO, and analysts anticipate a potential merger with Tesla to create a superintelligent AI-driven giant.

Limitations

Data covers only October 21, 2026, with limited context on Tesla merger specifics. Revenue forecasts for 2027 are estimates, and the merger timeline remains uncertain.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 21/10/2026, 23:07:30 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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