SpaceX announced an unexpectedly large profit after losses, Musk talks about a merger with Tesla
Elon Musk suggested a merger between SpaceX and Tesla, highlighting their shared projects. SpaceX recently reported a profit of $4.4 billion, surpassing analyst expectations. Musk anticipates revenues between $500 billion and $1 trillion by 2027, driven by AI demand. Following his comments, SpaceX's stock rose by 4.9%.