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SpaceX shares rise 9% after earnings beat and Musk confirms Tesla talks

Summary of reporting by Business Insider Africa·

Key points

  • Business Insider Africa says SpaceX stock rose 9% after the company reported earnings that beat expectations.
  • The outlet also reports that Elon Musk confirmed merger talks involving Tesla.

According to Business Insider Africa, SpaceX shares climbed 9% after the company reported earnings that beat expectations. The outlet also says Elon Musk confirmed that merger talks involving Tesla are taking place. No further details about the talks were provided in the source.

Original reporting

This page summarizes reporting by Business Insider Africa, originally published October 21, 2026 at 1:41 PM under the headline "SpaceX stock jumps 9% after earnings beat and Musk confirms Tesla merger talks". All rights to the original article belong to Business Insider Africa.

Continue reading the full story at Business Insider Africa

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