Elon Musk backs SpaceX-Tesla merger
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Elon Musk says Terafab’s output could rival the GDP of the world’s 20 largest economies as Tesla and SpaceX expand supplier talks with South Korean chipmakers.
Tesla ( TSLA) held its earnings conference call on Thursday after releasing third-quarter results
Meta plans to create a new class of non-voting shares, Mathias Döpfner, chief executive and co-owner of Germany’s Axel Springer, has sought to acquire a stake in TikTok’s European operations, and US envoy Steve Witkoff discussed resuming peace talks between Russia, the US and Ukraine. Plus, can Elon Musk pull off a merger of SpaceX and Tesla?
Tesla reported surprise positive free cash flow for the third quarter on Wednesday after spending far less on AI and robotics than Wall Street expected, as the EV maker weighs a possible merger with CEO Elon Musk’s SpaceX.
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) founder Elon Musk is known for big claims. On the company’s third-quarter call on October 20, 2026, he made a new one about a product SpaceX launched in August: “On the Grokbot side,