SpaceX shares rose more than 10% early in trading after the rocket company’s revenue reportedly exceeded Wall Street expectations, including AI-business revenue, BlockBeats reported on Oct. 21. The report cited BIT (bit.com) market data for the move.
Possible Tesla combination
BlockBeats also said SpaceX hinted at a possible merger with Tesla. The wording describes a possibility, not a signed agreement or completed transaction.
What the flash does not specify
The report provides no revenue amount, consensus estimate or exact percentage beat. Its market figure is an early-session snapshot showing that shares briefly rose more than 10%, rather than a closing return.