SpaceX Stock on Edge as Polymarket Traders Bet on a Tesla Merger

Key Insights SpaceX stock has dropped in the past few days. Traders on Polymarket predict that SpaceX will merge with Tesla. SpaceX and Tesla will publish their financial results. SpaceX stock entered October 20 under pressure as speculation surrounding a potential Tesla merger intensified. Prediction-market traders assigned a 66% probability to an official merger announcement by December 2027. The speculation coincided with SpaceX’s third-quarter earnings announcement, scheduled for Tuesday. Tesla will report its financial results on October 21. Investors are assessing whether combining Elon Musk’s companies could strengthen their artificial intelligence operations.