SpaceX Stock Jumps 10% After Earnings, Tesla Merger Talk — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
SpaceX shares rose 10% after a 161% year-over-year revenue surge and Musk said both boards created committees to discuss a Tesla merger, while the less-covered detail was that SI had become the company's largest business unit.
Why it matters: SpaceX’s $33 billion–$37 billion first-quarter 2027 forecast exceeds the $22.2 billion analyst average, while its SI unit became the largest business and revenue rose ninefold to $7.56 billion. That combination makes AI infrastructure as important to the reported growth story as Starlink’s recurring revenue.
Ask SkimNews
