Driven by better-than-expected revenue and positive merger news, SpaceX once surged over 10%.

October 21 - SpaceX (SPCX) delivered a strong boost to AI-themed trading. Overnight, the rocket company owned by Musk reported revenue that exceeded Wall Street expectations, including income from its AI business, sending its stock surging. The company also hinted at a possible merger with Tesla (TSLA); if realized, this would combine Musk's largest enterprises into one entity and become the largest deal in history.

According to BIT (bit.com) market data, the stock rose in early trading, climbing more than 10% at one point.