Tesla and SpaceX merger officially announced by September 30?

Wire activity, no reprice

A linked post crossed the wire and this market did not move beyond its thresholds within the 90-minute window. Recorded for the archive; never delivered as an alert.

@DeItaone · 05 Aug 2026, 08:13 UTC

$SPCX - PIPER SANDLER CUTS SPACEX PRICE TARGET Piper Sandler lowered its SpaceX (NASDAQ: SPCX) price target to $140 from $156, while maintaining a Neutral rating. Despite strong first earnings that beat expectations, the firm sees valuation headwinds. Concerns include a 140% increase in tradable shares, higher-than-expected FY27 capex (~$65B), and uncertainty around the durability of AI cloud contracts. While raising earnings estimates, Piper believes these risks could weigh on the stock until the lock-up expires in summer 2027.