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Tesla-SpaceX Merger Talks Reportedly Progress

Bloomberg reported on Thursday evening that talks between Tesla and SpaceX are progressing, with an announcement possible as soon as December.

Tesla (NASDAQ: TSLA) and SpaceX are reportedly making progress in merger talks, with an announcement possible as soon as December, Bloomberg reported on Thursday evening.

The report, which came after the London close, cites people familiar with the matter.

Tesla, the electric-vehicle maker, rose 2% to $398.75 in US trading on Thursday afternoon, its fifth straight gain. The shares are up 16% over five sessions, their best run since September 2025. Those are afternoon figures, not the close, and nothing in the coverage ties the run to the report.

TSLA.US

Bloomberg now says the talks are progressing, “setting the stage for a combination that could redefine the limits of global dealmaking”.

Bloomberg, citing people familiar, says a deal would be the biggest ever. It characterised the aggressive timeline as reflecting Elon Musk’s tendency to move quickly on corporate manoeuvres.

Musk is reportedly pushing for a deal around Tesla’s 3 December annual shareholder meeting, and the timing could slip to early 2027.

“Elon Musk wants his two largest companies under one roof, and he wants it fast.”

Piero Cingari, Benzinga

No terms, structure or governance arrangements have been reported, and no deal has been announced. Until the companies say something, the December timetable rests on unnamed sources and could change.

Asktraders News Team
Asktraders News Team
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The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.

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