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Thursday, October 22, 2026Updated 00:53 UTC

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Tesla beats earnings projections after Musk floats SpaceX merger plan

Source: Guardian World · Oct 21, 2026 23:03 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Musk says ‘there’s a lot of merit’ to potential merger that would require approval of 50% of all Tesla shareholders, but he declined to elaborate Investors were paying close attention to Tesla’s third-quarter earnings call on Wednesday afternoon, after chief executive Elon Musk floated the idea of merging the car company with his rocket and AI company, SpaceX. But they didn’t glean further informa

Read the full story at Guardian World

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