Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Tesla stock price rises on SpaceX-xAI merger chatter as TSLA heads into Monday

Tesla stock price rises on SpaceX-xAI merger chatter as TSLA heads into Monday

Tesla shares climbed 3.3% to finish at $430.41 on Friday, easing off a near 5% spike earlier in the day. The rally came on news that Elon Musk’s SpaceX is negotiating a merger with xAI, and had also considered linking up with Tesla. Tesla announced a $2 billion investment in xAI earlier this week. Andrew Rocco from Zacks Investment Research said such a merger would “dramatically” boost investor returns.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 BUY IN STAGES

AerCap

NYSE: AER 95 / 100
#2 BUY ON WEAKNESS

Xylem

NYSE: XYL 93 / 100
#3 ACCUMULATE

General Dynamics

NYSE: GD 91 / 100
#4 BUY WITH LIMITS

Visa

NYSE: V 88 / 100
#5 TACTICAL BUY

IDEX

NYSE: IEX 85 / 100
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Editorial model selection. Not personalised advice.