Follow-Up: SpaceX-Tesla Merger Talks Advance; Deal Could Be Announced as Early as December, Sources Say
Reuters reported on November 12 that SpaceX and Tesla are progressing in their merger negotiations and that a deal could be announced as early as December, according to Bloomberg News, citing people familiar with the matter. The companies have also discussed a scenario in which the announcement slips into early 2027, the report said. No agreement has been reached, and neither SpaceX nor Tesla immediately responded to requests for comment.
A merger would unify Elon Musk's super intelligence (SI), robotics, electric vehicle and aerospace businesses under a single corporate roof. As of the last close, SpaceX had a market value of about $1.90 trillion and Tesla about $1.55 trillion, putting the combined company among the largest corporate mergers ever attempted. The proposed deal faces steep regulatory hurdles, including SpaceX's U.S. defense contracts and Tesla's reliance on China, according to the report.
The process became public in October. On SpaceX's third-quarter earnings call last month, Musk said a merger with Tesla would be "a good idea" and confirmed that both companies had formed special committees of independent directors to discuss a union. Tesla disclosed in its quarterly filing that its board had formed a special committee to explore deepening its relationship with SpaceX, including a possible business combination. Musk has said he does not take part in the committees' discussions because he leads both companies and is a conflicted party, that no terms have been agreed, and that a merger is not certain.
The two companies already operate a chip manufacturing joint venture, Terafab; Musk said on the call that the venture should produce its first test chip around May or June of next year. Tesla is scheduled to hold its annual shareholder meeting on December 3. Whether the merger advances now rests with the two special committees and, after that, with regulators.
Related: Musk Calls a SpaceX-Tesla Merger 'a Good Idea' as Both Boards Form Special Committees to Review It
(Source: Reuters)
Source: Reuters
Published by GSM · USA (original Chinese edition)
Photo: 图：NASA 的 SpaceX Crew-10 任务中，猎鹰9号火箭搭载「龙」飞船发射升空（NASA，公共领域）。 / Photo: A SpaceX Falcon 9 rocket launches NASA's SpaceX Crew-10 mission to the International Space Station (NASA, public domain).
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