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Media reports SpaceX and Tesla may merge

Tesla and SpaceX have advanced talks on a possible merger, Bloomberg reported, citing people familiar with the matter. The companies could announce a deal as early as December 2026, but may delay an announcement until early 2027. No final decision has been made.

Their boards and advisers are discussing terms, including how a combined company would be governed, according to Bloomberg. Based on the companies’ estimated combined value of more than $3.4 trillion, a completed merger could be the largest in history. The deal could face regulatory hurdles tied to SpaceX’s U.S. government and defense contracts and Tesla’s manufacturing in China.

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