SpaceX and Tesla merger talks advance for December close
Negotiations to combine SpaceX and Tesla are accelerating, with a potential deal expected as early as December. The merger would create a $3.4 trillion entity, a move timed to precede the new congressional session in January.
Bloomberg reported that merger talks between SpaceX and Tesla are progressing rapidly, with a potential agreement expected as early as December. The combined entity would be valued at approximately $3.4 trillion, based on SpaceX’s valuation of over $1.9 trillion and Tesla’s at around $1.5 trillion. This would represent the largest deal in history. The timing is viewed as strategic, aiming to finalize the transaction before the new congressional session begins in January, when the political landscape may become less favorable for such a consolidation.
Elon Musk is simultaneously advancing technical milestones for SpaceX. He plans a Starship launch for Friday at 23:45, which will be the 15th attempt. The mission aims to recover both the booster and the upper stage from space, a critical step toward reusability and cost efficiency. In the markets, Tesla shares gained nearly 2% on the news of the advancing merger talks. The potential integration of the two companies signals a significant shift in the structure of Musk’s business empire, merging his aerospace and automotive operations into a single corporate entity.