- Tesla and SpaceX have made progress in merger talks that could lead to an announcement as early as December 2026, Bloomberg reported, citing people familiar with the matter.
- The potential combination could become the largest corporate merger in history, with the companies’ combined market value exceeding $3.4 trillion.
- No final decision has been made, and the parties may delay an announcement until early 2027.
Elon Musk’s Tesla and SpaceX have advanced discussions about a potential merger, Bloomberg reported, citing sources familiar with the matter. The deal could be announced as early as December 2026, although the parties are also considering postponing an announcement until early 2027.
According to Bloomberg, the companies’ boards and advisers are discussing the terms of the potential combination, including the governance structure of the resulting company.
In October, Musk called a possible merger “a good idea” and confirmed that special committees of independent directors had been created to review the proposal. No final decision has been made.
A combination would bring businesses spanning electric vehicles, robotics, artificial intelligence, rocket technology and satellite communications under one corporate structure.
The potential deal could face regulatory hurdles related to SpaceX’s U.S. government and defense contracts and Tesla’s large-scale manufacturing operations in China.
As of November 12, SpaceX’s market capitalization was estimated at more than $1.9 trillion, while Tesla was valued at about $1.5 trillion. If completed, the merger could be the largest in history based on the combined value of the companies involved.
In February 2026, Musk merged SpaceX with artificial intelligence startup xAI. The resulting entity was valued at $1.25 trillion at the time, including a $1 trillion valuation attributed to SpaceX.
Source: Incrypted
