SpaceX and Tesla Report Results Amid Merger Talk

SpaceX and Tesla report third-quarter earnings this week as investors assess whether their revenues can fund Elon Musk growing artificial intelligence ambitions. Merger speculation grows ahead of upcoming shareholder meetings and product showcases.

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FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter,  gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo

SpaceX and TESLA INC will report third-quarter earnings on consecutive days, testing whether vehicle profits and Starlink growth can fund surging artificial intelligence spending amid mounting merger speculation. The back-to-back releases offer investors a rare side-by-side examination of Elon Musk's two most valuable enterprises. The financial disclosures arrive as Wall Street weighs the feasibility of an all-stock combination that could reshape the technology and automotive sectors.

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