{
  "id": 15875045,
  "title": "SpaceX stock jumps 10% as revenue surges 161% to $14.6 billion and Elon Musk weighs Tesla merger",
  "url": "https://urgent.news/2026/10/21/spacex-stock-jumps-10-as-revenue-surges-161-to-14-6-billion-and-elon",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T10:42:07.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/us-news/spacex-stock-jumps-10-as-revenue-surges-161-to-14-6-billion-and-elon-musk-weighs-tesla-merger-101792577692555.html"
  },
  "original_language": "en",
  "account": "SpaceX stock surged 10.4% in premarket trading following the company's strong third quarter of 2026 results. The aerospace firm reported revenue of $14.6 billion, marking a 161% increase compared to the same period last year. Elon Musk, the billionaire CEO of SpaceX and Tesla, hinted at a potential merger between the two companies during the earnings call. Musk stated that boards of both companies had created special committees to discuss the possibility of combining SpaceX and Tesla, with the merger potentially being the largest in history. If the deal was to go through, it would reshape the competitive landscape in the tech industry. Additionally, Tesla shares rose 2.1% in premarket trading after Musk's comments about the potential merger. During the call, SpaceX CFO Bret Johnson revealed that revenue from SpaceX's superintelligence business, focused on artificial intelligence infrastructure, had grown ninefold to $7.56 billion. SpaceX's satellite internet subsidiary, Starlink, played a significant role in the company's revenue growth, with recurring revenue from Starlink contributing to the strong performance. Analysts noted that SpaceX's positive results provided early indications of strength for AI cloud providers, despite market concerns about financing expanding AI infrastructure. The superintelligence business has now become SpaceX's largest segment, reflecting the company's increasing focus on AI alongside its existing satellite internet operations.",
  "summary": "SpaceX stock jumped 10.4% after revenue rose 161% to $14.6 billion, while Elon Musk weighed a possible Tesla merger and AI business growth boosted results.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Musk backs SpaceX-Tesla merger as rocket firm turns profit",
        "url": "https://urgent.news/2026/10/20/musk-backs-spacex-tesla-merger-as-rocket-firm-turns-profit",
        "published": "2026-10-20T20:08:00.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Pirate Wires founder Mike Solana bets big on Palantir, SpaceX, Tesla and Amazon",
        "url": "https://urgent.news/2026/10/21/pirate-wires-founder-mike-solana-bets-big-on-palantir-spacex-tesla",
        "published": "2026-10-21T07:08:29.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "CNBC Daily Open: SpaceX and Tesla may merge in the multiverse of Musk",
        "url": "https://urgent.news/2026/10/21/cnbc-daily-open-spacex-and-tesla-may-merge-in-the-multiverse-of-musk",
        "published": "2026-10-21T08:28:13.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "SpaceX and Tesla explore merger that would unite more than 30,000 bitcoin",
        "url": "https://urgent.news/2026/10/21/spacex-and-tesla-explore-merger-that-would-unite-more-than-30-000",
        "published": "2026-10-21T09:23:00.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Musk’s SpaceX ambitions may be ‘dangerous’ for Europe, warns EU lawmaker",
        "url": "https://urgent.news/2026/10/21/musks-spacex-ambitions-may-be-dangerous-for-europe-warns-eu-lawmaker",
        "published": "2026-10-21T10:45:04.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "SpaceX and Tesla Form Merger Exploration Committee That Excludes Elon Musk",
        "url": "https://urgent.news/2026/10/21/spacex-and-tesla-form-merger-exploration-committee-that-excludes-elon",
        "published": "2026-10-21T13:00:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}