SpaceX Stock Outlook as Elon Musk Announces Special Committees to Explore Tesla Merger

SpaceX (NASDAQ: SPCX) stock price is up 8.77% in pre-market trading today, October 21, after Elon Musk said that the boards of SpaceX and Tesla had formed special committees to explore a merger. Musk made the announcement during SpaceX’s Q3 2026 earnings call after the company beat Wall Street estimates with a 161% year-over-year increase