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By Sarah Davis • Updated Oct 21, 2026 at 22:55
SpaceX Soars 10% After Earnings-and Could Climb to $500 Next - Barron's

SpaceX share price soars 10% after beating earnings targets

SpaceX share price surged 10% after exceeding earnings forecasts. Elon Musk indicated a potential Tesla merger. The stock may climb to $500, with Wall Street viewing a Tesla-SpaceX merger as probable, though there is disagreement on the cost. The Nasdaq 100 index also climbed, driven by solid financial outcomes and a resurgence of the AI market.

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