Tuesday, October 20, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Musk suggests SpaceX could hit $1 quadrillion valuation, merger speculation rises

Musk suggests SpaceX could hit $1 quadrillion valuation, merger speculation rises

Photo: Crypto Briefing

In a recent statement, Elon Musk suggested that SpaceX, trading under $SPCX, could potentially reach a $1 quadrillion valuation. Musk also indicated a 65% likelihood of a merger between Tesla and SpaceX taking place before 2028. This assertion, made via a social media platform, has reignited speculation about the future relationship between the two companies. Following its 2026 IPO, SpaceX has seen its valuation rise to approximately $2.15 trillion, significantly lower than the proposed $1 quadrillion figure. While Musk has previously mentioned the synergy between Tesla and SpaceX, no formal merger plans have been confirmed.

Source: Crypto Briefing

Latest in Crypto Today

All Crypto Today stories