SpaceX Soars 10% After Earnings-and Could Climb to $500 Next - Barron's

SpaceX share price jumps 10% after meeting expectations

SpaceX share price rose 10% after surpassing earnings forecasts. Elon Musk indicated a potential Tesla merger. The stock might hit $500, with Wall Street viewing a Tesla-SpaceX acquisition as probable, though there is debate on the value. The Nasdaq 100 index also climbed, driven by strong earnings results and a resurgence of the AI market.

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