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Elon Musk announced that independent committees are assessing a potential merger between SpaceX and Tesla, which would combine their holdings into a treasury of 30,221 BTC. SpaceX shares jumped 9% to $161 after revenue of $14.58 billion exceeded the $12.7 billion consensus, while earnings per share of 35 cents beat the 15-cent forecast.
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Summary by ByteBrief
Barclays Predicts Tesla-SpaceX Merger