SpaceX is trading 7.9% up now at $159.42 after a strong third-quarter report beat revenue and adjusted earnings expectations.
- Revenue rose 161% to $14.58 billion, topping the $12.72 billion expected; adjusted earnings were 45 cents per share versus 13 cents expected.
- SpaceX’s and Tesla’s boards formed committees to discuss a possible merger, but they have not agreed on terms, and no transaction is certain.