SpaceX, Tesla merger talks progress, Bloomberg News reports


Founder, CEO, Chairman, and Chief Engineer of SpaceX, Elon Musk, speaks via videolink on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite in New York City, U.S., June 12, 2026. REUTERS/Brendan McDermid

Nov 12 (Reuters) - ⁠SpaceX and Tesla ⁠are progressing in their ‌merger negotiations and a deal could be announced as early ​as December, Bloomberg ⁠News reported on ⁠Thursday, citing people familiar with ⁠the ‌matter.

The Elon Musk-led companies have ⁠also discussed a scenario in ​which ‌the announcement slips into ⁠early ​2027, the report said.

SpaceX and Tesla could not ⁠be immediately reached ​for comment on the report.

The proposed merger, which Musk ⁠last month called a "good idea", would unify his AI, robotics, EV and ​aerospace ambitions ⁠under a single corporate roof.

(Reporting ​by Prathik ‌Jayaprakash in Bengaluru; ​Editing by Sriraj Kalluvila and Leroy Leo)

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