Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ-Elon Musk says merging SpaceX and Tesla is a good idea, Tesla stock rises afterwards

BUZZ-Elon Musk says merging SpaceX and Tesla is a good idea, Tesla stock rises afterwards

路透社路透社2026/10/20 21:56
Show original

- ** Tesla (TSLA.O) shares rose 1.17% after hours, to $378.07

** Elon Musk said that merging SpaceX SPCX.O and Tesla is a good idea (link)

** Musk also said that SpaceX and Tesla have formed special committees to evaluate the potential merger

** According to data compiled by London Stock Exchange Group (LSEG), out of 48 analysts, 24 gave the stock a "strong buy" or "buy" rating, 20 rated it "hold," and 4 rated it "sell"; the median target price is $401.50

** As of the previous trading day's close, TSLA has fallen 16.9% year-to-date








(To facilitate non-native English speakers, Reuters provides its reports in several other languages via automated translation. Reuters does not guarantee the accuracy of automated translations, which may contain errors or lack necessary context, and provides them solely for the convenience of readers. Reuters accepts no responsibility for any harm or loss caused by the use of automated translation functionality.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

It is reported that EQT has proposed to acquire Qiagen (QGEN.US) for over $50 per share, and KKR is also participating in the bid.

EQT AB is engaged in advanced negotiations to acquire the European molecular diagnostics company Qiagen (QGEN.US), and has submitted a binding offer at over $50 per share.

智通财经•2026/10/20 23:48

JPMorgan Asset Management includes bitcoin in long-term assumptions for the first time: 10-year annualized return expected at 10%, but 55% volatility remains a concern

JPMorgan Asset Management has included Bitcoin in its long-term capital market assumptions for the first time, forecasting that its returns over the next decade may outperform stocks, bonds, and gold. This is regarded as a milestone for Bitcoin's acceptance on Wall Street.

智通财经•2026/10/20 23:41
JPMorgan Asset Management includes bitcoin in long-term assumptions for the first time: 10-year annualized return expected at 10%, but 55% volatility remains a concern