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An electric car and a silver rocket standing side by side on a plain at dusk, representing a possible merger of Tesla and SpaceX.
Level 1≈ 1 min

SpaceX and Tesla Might Announce a Merger

Bloomberg says SpaceX and Tesla could announce a merger in December. A merger means two companies become one.

The deal would be the biggest in history, Bloomberg says. The new company would make these products:

  • Electric cars

  • Energy storage

  • Rockets

  • Satellites

The boards of both companies and their advisers are agreeing on the terms. They are also agreeing on how to run the new company.

Bloomberg's sources say the companies are talking about a delay until early 2027.

SpaceX sold shares in June. After that, it was worth more than $1.9 trillion. Tesla will hold its yearly shareholder meeting on December 3.

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