SpaceX and Tesla to release quarterly financial reports this week

“SpaceX” and “Tesla” will release their third-quarter financial results this week in consecutive days. At a time when rumors about a potential merger are gaining momentum, the announcement gives investors an opportunity to assess two of Elon Musk’s most valuable assets side by side. The financial figures will show how much “Starlink”’s revenue growth and the extent of how vehicle sales offset artificial intelligence-related expenses.

Citing Reuters, Postxronika.az reports that “Barclays” analysts say it is more likely that “SpaceX” would be the buyer in a potential deal. While “Tesla” has announced that its annual shareholder meeting will be held on December 3, the official parties have not yet confirmed any merger speculation. Based on “Barclays” calculations, as a result of a deal expected to be carried out through a stock exchange, Elon Musk could end up holding 56% of the company’s voting rights.

A potential integration of the two technology giants is in the spotlight of global financial markets and investors. Experts believe that an acquisition of “Tesla” by “SpaceX” would make it easier to manage its business in international markets, particularly in China. The quarterly reports that the companies plan to publish will determine the direction of future strategic moves and any possible merger.