Tesla Shares Rally as Roadster Prototype Fuels Speculation Over Potential SpaceX Merger

Tesla shares and related derivatives rallied following the reveal of a flying Roadster prototype featuring SpaceX technology. Wedbush analyst Dan Ives projected an 80% probability that Tesla and SpaceX will merge by 2027 to operate as a single engineering platform. Tesla equity gained up to 4.79% to reach $379.80 in pre-market trading, after closing at $362.44, while SpaceX shares rose 2.33% to $152.08. Crypto derivative markets also saw surging activity, with Hyperliquid's Tesla perpetual contract rising 4.9% to roughly $378 alongside a volume spike to $47 million.