Lates News

SpaceX (SPCX.O) delivered a strong boost to AI-themed trades. Overnight, the rocket company owned by Musk beat Wall Street expectations on revenue, including revenue from its AI business, sending its shares surging. The company also hinted at a possible merger with Tesla (TSLA.O); if realized, this would combine Musk's largest enterprises into one and become the largest deal in history. The stock rose in early trading, climbing more than 10% at one point.