Wall Street opens cautiously: Tesla and SpaceX rise on merger preparations as Iran stalemate cools sentiment

FinanceInternationalXTB.comOct 21, 2026, 9:31 AM35 s readAI summary

US500 and US100 futures slip 0.20% and 0.18% at the open, after diplomats' remarks dampened hopes for an immediate Washington-Tehran deal. Tesla rises 2.31% and SpaceX more than 8% pre-market after Elon Musk confirmed committees to evaluate a merger with a combined valuation estimated at $3.5 trillion. Super Micro Computer gains more than 12% on preliminary revenue, while Netflix falls nearly 5% on its fourth-quarter guidance.

In 35 seconds

Tesla gains 2.31% and SpaceX more than 8% after Musk confirmed committees to explore a merger valued at $3.5 trillion
The US500 trades near 7,769 points (-0.20%) and the US100 around 29,841 (-0.18%)
Super Micro Computer jumps more than 12% on preliminary revenue tied to AI infrastructure demand

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

Wall Street
Tesla
SpaceX
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Wall Street opens cautiously: Tesla and SpaceX rise on merger preparations as Iran stalemate cools sentiment

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IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day