SpaceX Jumps 8% on Q3 Revenue Beat as Musk Backs Tesla Merger Idea; Rocket Lab and AST SpaceMobile Edge Higher
SpaceX shares rose 8% after a third-quarter revenue beat, alongside fresh discussion of a potential Tesla merger backed by Elon Musk. Rocket Lab and AST SpaceMobile also edged higher.
Why it matters — The report notes AST SpaceMobile moved higher alongside other space stocks as SpaceX gained on its results and merger talk.