PomegraTesla Stock Jumps 5% After SpaceX Roadster Demo
Why is Tesla stock up today?
Tesla (TSLA) stock rose nearly 5% in premarket trading on Friday to about $380 after its new Roadster flipped in the air using SpaceX thrusters, and a Musk post fueled merger talk.
Key numbers
| TSLA premarket price | $381.15+5.15% (other reports: +4.5% to +4.8%) |
|---|---|
| Thursday close (reports differ: $360.95 in [5]) | $362.44-1.1% |
| TSLA year to date | -19%-19.4% per [2] |
| Roadster Performance reservation (CBS reports $5,000) | $50,000Thrust: $250,000 |
| Claimed 0-60 mph time (not independently verified) | 0.81 secProduction in 2028 |
| Merger odds by 2027 (Wedbush's Dan Ives) | >80%Analyst view, unconfirmed |
What happened
Tesla (TSLA) stock rose nearly 5% in premarket trading on Friday to about $380 after its new Roadster flipped in the air using SpaceX thrusters, and a Musk post fueled merger talk. The car drove up an upside-down ramp, spun around and landed on its wheels, using jets of compressed air (cold-gas thrusters) built by SpaceX. Tesla says it will start building the car in 2028. Musk shared the livestream with the words 'Tesla x SpaceX', but neither company has confirmed merger talks.
Why it matters
Tesla's stock is down about 19% this year, so the jump shows investors are hungry for good news. The Roadster will not be sold until 2028, and one analyst says it will not move sales or revenue much. The bigger question is whether Tesla and SpaceX could join together, which could change what Tesla shareholders own. Barclays sees SpaceX buying Tesla with stock as the most likely route.
Who this affects
- MarketbullishLow impact
- Tesla shareholders get a short-term lift; merger talk is unconfirmed.
- CompanymixedLow impact
- Tesla gains attention, but the Roadster adds no sales until 2028.
- CompetitorsneutralLow impact
- Rival carmakers face a showpiece they cannot easily match.
- IndustryneutralLow impact
- Rocket-style car tech stays unproven and not road-approved.
Tesla vs SpaceX
| TeslaTSLA | — | +5.2% (premarket) | -19% |
|---|---|---|---|
| SpaceXSPCX | $2.07T (Oct 14) | +2.3% (overnight) | -8% |
As of 2026-10-16
How we got here
SpaceX goes public at $135 a share, a $1.77 trillion valuation.
Tesla unveils the new Roadster at a SpaceX test site in Texas.
TSLA closes at $362.44, down 1.1%, before the rally.
TSLA jumps nearly 5% premarket as Musk posts 'Tesla x SpaceX'.
What to watch
- Tesla reports third-quarter results; investors look for any comment on SpaceX ties.2026-10-21
- Any confirmation of Tesla-SpaceX merger talks; Barclays says a deal could come before December.Q4 2026
Educational content only. Not investment advice.
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