Tesla's stock closed up 4% at $407 following speculation about a possible merger with SpaceX, which Elon Musk supports and Wall Street sees as having a 52% chance. The merger could reshape shareholder value, with potential outcomes including a premium deal, a no-premium swap, or no deal at all. Skeptics warn the merger might mask Tesla's struggles by leveraging SpaceX's growth. Investors should watch for a formal proposal from special committees to understand the deal's terms and impact on their shares.
Tesla shares trade at $409.82 on Pluang, up 0.58% as of Oct 28, 2026 18:01 WIB, well below their 52-week high of $489.88 but above the $298.16 low. SpaceX is priced at $149.28, also up 0.47%, closer to its 52-week low of $108.27 than its $202.09 peak. Typical hold times differ significantly, with Tesla investors holding for 88 days versus 45 days for SpaceX, reflecting different investor behaviors amid merger talks.
Tesla's stock gained over 9% recently due to rumors of a potential merger with SpaceX, overshadowing weak business results like a 55.79% drop in operating income and flat revenue. The stock trades near Wall Street's average target price, driven more ...
Tesla shares rose 4% following ARK Invest's reaffirmation of a $4,400 long-term price target by 2031, driven by confidence in Tesla's robotaxi and Full Self-Driving businesses. Tesla's autonomy plans, including Cybercab rides in Austin, are central t...
General Motors announced it will move its stock listing from the New York Stock Exchange to Nasdaq next month, keeping its GM ticker. This move makes GM eligible for inclusion in the Nasdaq 100 index, which has driven a 5% rise in its shares, outperf...
Tesla reported $28 billion in revenue for Q3 and delivered 486,532 vehicles, showing strong sales and demand with inventory days dropping from 15 to 11. The company reached 1.74 million paid Full Self-Drive (FSD) customers, with North American attach...
Tesla's sell ratings have dropped to just 8.3% of analyst coverage, the lowest in over 11 years, as merger speculation with SpaceX drives optimism. Despite no signed deal, several analysts upgraded Tesla, citing the potential merger as a key bullish ...
