U.S. Stocks in Motion | Merger Rumors with SpaceX Heat Up, Tesla (TSLA.US) Rises Over 3%
Zhitong Finance APP has learned that on Monday, Tesla (TSLA.US) rose more than 3%, reporting $366.23. On the news front, market speculation about a potential merger between Tesla and SpaceX is heating up. Barclays analyst Dan Levy believes that the two sides may announce a deal before Tesla's annual shareholder meeting on December 3, and the related speculation has drawn market attention to the future business integration and valuation arrangements of the two companies.
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