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REPORT: SpaceX and Tesla Merger Talks Advance, With December Announcement Possible

Bloomberg reports that the Musk-led companies are progressing in merger talks, with an announcement possible in December or early 2027. No completed deal has been announced.

By Reuven1 min read · 1h ago

SpaceX and Tesla are progressing in merger negotiations and could announce a combination as soon as December, Bloomberg News reported Thursday, citing people familiar with the private discussions.

The companies have also discussed an announcement slipping into early 2027, according to the report. Their boards and advisers are continuing work on the potential transaction.

Both companies are led by Elon Musk, but the report does not establish that they have reached a final agreement. No confirmed transaction terms or completed deal were announced in the reporting reviewed for this article.

A combination would bring the electric-vehicle manufacturer and the space and satellite company into a much larger business group. The structure, timing and required approvals remain unresolved in the publicly available report.

The possible December timeline should be treated as a reported negotiating target, not a scheduled announcement or a promise that a merger will happen.

Source: Bloomberg Photo: Courtesy of Tesla, Inc.