Tesla rises; SpaceX eyes merger with EV maker
ReutersJan 30, 2026 4:24 PM
Shares of Tesla TSLA.O rise 4.7% to $436.46 on Friday, a day after reports that SpaceX is exploring deals with the electric vehicle maker and other companies run by Elon Musk
TSLA is on track for its biggest daily pct gain since Nov. 24
SpaceX is exploring deals with other companies helmed by Musk, leaving investors working through permutations between space, autonomous driving and artificial intelligence ahead of a blockbuster public offering planned for this year, Reuters reported on Thursday
SpaceX is also considering a merger with Musk's electric vehicle maker Tesla, Bloomberg reported
TSLA is down 3.1% YTD vs NASDAQ Composite Index's .IXIC 1.4% increase
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