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via finance.yahoo.comBusiness & Companies

Musk backs SpaceX-Tesla merger as rocket firm turns profit

FROM THE WIRE · FINANCE.YAHOO.COM

Elon Musk's rocket and AI company posted net income of $4.4 billion for the July-September period (Kent NISHIMURA) Elon Musk said Tuesday he would back a merger of SpaceX and Tesla, as his rocket and AI company reported its first quarterly profit since going public, driven by…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA possible merger of two mega-caps and SpaceX's first quarterly profit can move the stocks after hours.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Space Exploration Technologies Corp.SPCXStock147.79 USDMarket closedtoday -0.11%Positive Tesla, Inc.TSLAStock373.71 USDMarket closedtoday +1.54%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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