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Chart of the daySaturday 14 November

SpaceX slides, and buying Tesla gets dearer

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Chart: SpaceX slides, and buying Tesla gets dearer. SpaceX's and Tesla's share prices, each set to 100 at the close on 21 October, daily to 13 November. SpaceX fell from US$159.31 to US$139.11.
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What the chart shows

Since Elon Musk said on 21 October that the SpaceX and Tesla boards were looking at a deal, the two share prices have parted. SpaceX has gone from US$159.31 to US$139.11. Tesla has gone from US$386.47 to US$390.22.

That matters because the special committees negotiating the merger are settling an exchange ratio, the number of SpaceX shares paid for each Tesla share. A lower SpaceX price pushes that number up, so SpaceX hands over more of itself and Tesla holders end up with a bigger slice of the combined company.

Bloomberg reported on Friday that an announcement could come as soon as December. Joel Shulman of ERShares says the price SpaceX would have to pay is his greatest concern, and Nathan Johnson, Texas's incoming attorney general, says a merger of that consequence warrants tremendous scrutiny.

The story behind it

A SpaceX takeover of Tesla gets dearer every time SpaceX shares fall From The Chip Trade Unwinds · Saturday 14 November Read the edition →

Tesla on the calendar

Next results: date to come. It goes on the calendar as soon as Tesla announces it. Economic calendar →

The numbers

SpaceX's and Tesla's share prices, each set to 100 at the close on 21 October, daily to 13 November. SpaceX fell from US$159.31 to US$139.11.

SpaceXTesla
21 Oct 2026US$159.31US$386.47
22 Oct 2026US$144.75US$374.58
23 Oct 2026US$147.49US$372.22
26 Oct 2026US$146.90US$391.62
27 Oct 2026US$148.58US$407.46
28 Oct 2026US$145.23US$404.22
29 Oct 2026US$143.89US$403.30
30 Oct 2026US$134.72US$399.81
2 Nov 2026US$136.37US$403.82
3 Nov 2026US$141.31US$398.50
4 Nov 2026US$135.92US$385.19
5 Nov 2026US$123.62US$343.69
6 Nov 2026US$134.27US$358.22
9 Nov 2026US$142.07US$378.05
10 Nov 2026US$143.09US$379.78
11 Nov 2026US$139.75US$390.84
12 Nov 2026US$139.94US$397.45
13 Nov 2026US$139.11US$390.22

18 rows: scroll the table for the rest.

How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.

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