BusinessElon Musk Confirms Tesla and SpaceX Are Exploring 3.5 Trillion Dollar Merger That Would Make Him the World's First Trillionaire
Special committees formed at both companies to evaluate a deal that would consolidate Musk's empire into the fifth-largest company on the planet.
FinanceWall Street Bets on AI Again as SpaceX Results Spark Tech Rally and Erase Last Week's Selloff
The Nasdaq surged 1.1 percent Wednesday as SpaceX's strong quarterly results renewed investor confidence in AI infrastructure, marking the S&P 500's third straight day of gains.