SpaceX-Tesla Merger Committees Formed; Q3 EPS Triples Estimates as 2027 Capacity Target Jumps to 13 GW
SPCX sits 37% above its 52-week low of $104.83.
Summary
SpaceX and Tesla have each formed special committees to assess a possible merger, with Musk recused over conflicts of interest; any deal needs committee, board and shareholder approval. The Q3 numbers already out on Oct. 20 are confirmed: revenue of $14.58 billion against a $12.74 billion estimate, EPS of $0.35 versus $0.12 expected, and revenue up 161% year over year led by Super Intelligence. The genuinely new items are on the buildout side: SpaceX lifted its 2027 data-center capacity target to about 13 gigawatts, with 3.6 gigawatts under construction and power supply the binding constraint, and it applied for U.S. approval to run up to 1 million Starmind satellites for orbital AI computing, with first launches expected in the second half of 2027. The merger question is the bigger swing factor for a company this size — a combination with Tesla would reshape the equity story, but it is early-stage and approval-gated. Starship's 15th test flight could come as early as Nov. 13, aiming to recover both stages and deploy 26 next-gen Starlink V3 satellites.
At the time of this announcement, SPCX was trading at $144.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.9T. The 52-week trading range was $104.83 to $225.64. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.