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The Marked Chart Wire · Business
Tesla SpaceX Merger
Tesla and SpaceX have formed a committee to explore a merger, a move that excludes Elon Musk from the process. The combined entity could develop AI models and deploy them through vehicles and robots.
SpaceX Tesla
SpaceX stated that a potential deal with Tesla would require further sign-off from its oversight group, directors and majority owner.
SpaceX
SpaceX is completing a $40 billion borrowing deal with interest rates near 8.3 percent for its lowest-rated portion, more than one percentage point above its existing bonds. Apollo and Goldman Sachs lead the transaction as investors weigh the company's rising debt and AI spending.
Tesla
Tesla shares dropped 2.9 percent following the release of quarterly results. The company also reduced its annual capital expenditure forecast.
Tesla
Tesla lowered its 2026 investment outlook to about $20 billion from more than $25 billion and reported $1.53 billion in third-quarter free cash flow. Elon Musk is exploring a potential merger with SpaceX.
GE Vernova
GE Vernova stock declined 11 percent in a single session. The company reported a backlog of $176 billion for the second quarter of 2026.
Honeywell
Honeywell increased its guidance for full-year organic sales growth to a range of 4 percent to 5 percent.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.