Tesla surges on SpaceX merger buzz

1 day ago

Shares of Tesla have jumped more than 5% after reports that SpaceX was in deal talks with Elon Musk's other companies stoked investor hopes that the billionaire's tech empire could be unified further. SpaceX is in discussions to merge with Musk's AI startup, xAI, ahead of a blockbuster public offering planned for this year, Reuters reported on Thursday. Separately, Bloomberg also reported that SpaceX