Tesla's stock price rose above $400 for the first time since July, driven by speculation of a potential merger with SpaceX, although no formal agreement has been signed. The merger talks involve special committees from both companies, but approval requires a high shareholder vote threshold. Despite the rally, Tesla's profits are declining, with a 55.79% drop in operating income in Q3. The market seems to price in the merger's potential, but uncertainty remains until official terms are filed before Tesla's December shareholder meeting.
Tesla's recent rise above $400 ties into ongoing merger talks with SpaceX, capturing investor attention. On Pluang as of Oct 28, 2026 19:51 WIB, Tesla trades at USD 410.08, up 0.64% for the day, with a market cap of $1.61 trillion. SpaceX is priced at USD 148.74, slightly up 0.11%, holding a $2.02 trillion market cap. Pluang users show a selling bias on Tesla with 63% sell orders, while SpaceX sees a slight buying preference at 53%.
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'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 premiu...
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...
