00:00It's Benzinga bringing Wall Street to Main Street
00:02Tesla shares rose in after-hours trading on Thursday after reports said SpaceX
00:06is considering a potential tie-up with the electric vehicle maker.
00:10Bloomberg reported that SpaceX is discussing a possible merger with Tesla and XAI,
00:15all of which are owned by Elon Musk.
00:17The report followed earlier news that SpaceX is weighing a potential tie-up with XAI ahead
00:22of a planned IPO later this year, valued at around $1.5 trillion.
00:26Reuters reported that a deal could support efforts to raise capital for orbital data centers.
00:32Tesla shares rose 3.11% after-hours to $429.51, according to Benzinga Pro.
00:40For all things money, visit Benzinga.com.
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