Elon Musk's companies Tesla and SpaceX have advanced in talks regarding a possible merger. An announcement of the deal could come as early as December 2026, Bloomberg reports, citing informed sources.
According to the agency, the parties are also considering the possibility of postponing the announcement to early 2027. Boards of directors and consultants are discussing the terms of the merger, in particular the management structure of the future company.
In October, Musk called a possible merger a "good idea" and confirmed the creation of special committees of independent directors to study the deal. At the same time, a final decision has not yet been made.
The potential merger will make it possible to concentrate under the management of a single structure businesses in the fields of electric vehicles, robotics, artificial intelligence, rocket technology, and satellite communications.
However, the deal may face regulatory hurdles. The main difficulties are related to SpaceX's government and defense contracts in the US, as well as Tesla's large-scale manufacturing operations in China.
As of November 12 estimates, SpaceX's market capitalization exceeded $1.9 trillion, while Tesla was valued at approximately $1.5 trillion. If the agreements are implemented, the merger could become the largest in history by the value of the companies being combined.
Recall that in February 2026, Musk merged SpaceX with the AI startup xAI. At the time of the deal, the value of the new structure was estimated at $1.25 trillion, of which $1 trillion accounted for the aerospace company.