SpaceX (NASDAQ: SPCX) stock price surged by 7.35% on October 2 to close trading at $158. These gains pushed the stock to its highest price in nearly three months.
Tesla (NASDAQ: TSLA) stock also edged higher on October 2 after the EV maker surpassed Q3 deliveries estimates.
SpaceX Stock Price Soars on Rising Tesla Merger Odds
Data from Polymarket shows that there is a 63% chance that SpaceX will merge with Tesla by December 31, 2027. These odds stood at only 47% on September 10.
CoinGape prediction markets also show that there is a 16% chance that this merger could happen before the end of 2026.
The expectation of the two companies merging in the future could be the reason why SpaceX…
