To The Moon

Oil futures declined, erasing earlier gains, as officials in Pakistan said a second round of US-Iran talks was expected.Brent futures fell as much as 0.41% to $104.64 a barrel in London. WTI also declined.

Tesla stock is suddenly on fire, and it's not clear why.Shares of the electric-vehicle maker were up 7.4% in midday trading at $391.20, while the S&P 500 was up 0.4%. Shares are on pace for their best day since June 2025.The gain comes as TD Cowen analyst Itay Michaeli lowered his price target to $490 from $519. He kept his Buy rating on the shares. A target cut shouldn't drive big gains.CEO Elon Musk appears to be one of the reasons for the stock's jump. Tesla has a large and devoted retail shareholder base that is active on his social-media platform, so investors can always head to X to see what's going on. Early Wednesday, Musk tweeted a picture of a Tesla-designed microchip, dubbed AI5.The chip is for "Optimus and our supercomputer clusters," said Musk in a subsequent tweet. "AI4 [hardware] is enough to achieve much better than human safety for FSD.". FSD is short for Full Self-Driving, Tesla's driver assistance product that forms the basis of its robo-taxi technology.

SpaceX is reportedly seeking a $2 trillion IPO valuation, which would position it as the sixth-most valuable U.S. company.

Musk: I'm Confident That Tesla Will Build a Factory on the Moon In 20 Years. "Hold on" Tesla Stock

BRIEF-SpaceX Has Considered A Potential Merger With Tesla- Bloomberg News Reporter ED Ludlow On XJan 29 (Reuters) - SPACEX HAS CONSIDERED A POTENTIAL MERGER WITH TESLA- BLOOMBERG NEWS REPORTER ED LUDL

Cathie Wood reaffirms her $2,600 Tesla price target, stating 90% is from robotaxis and that humanoid robots could push it even higher.

Tesla CEO Elon Musk said on X that about 80% of his automaker's value will come from Optimus humanoid robots.Musk said in mid-2024 that Optimus robots could make Tesla a $25 trillion company, equal...