Bloomberg: SpaceX and Tesla in Intensive Merger Talks, Deal Possible by Dec 2026
Bloomberg reports that boards and advisors from SpaceX and Tesla are actively negotiating merger terms, aiming to integrate AI across all business areas.
According to a Bloomberg report, Elon Musk's two major companies, SpaceX and Tesla, are engaged in "intensive" negotiations regarding a potential merger. Sources indicate that board members and advisors from both firms are actively working on defining the conditions for the combination and the leadership structure of the merged entity. The process has accelerated significantly compared to earlier expectations: vague considerations in October suggested a deal might be announced in the first half of 2027, but it could now be revealed as early as December 2026 or early 2027.
The report describes this as a "blockbuster" for financial markets. The resulting conglomerate would encompass electric vehicles, energy storage, rockets, and satellites. The stated goal is to allow artificial intelligence (AI) to permeate all areas of the business. Currently, SpaceX has a market value of approximately $1.9 trillion, while Tesla is valued at around $1.6 trillion.
However, the merger faces significant hurdles, with national security cited as the biggest obstacle. SpaceX conducts extensive business with the US government, whereas Tesla operates large production capacities in China. These two aspects must be cleanly separated. Additionally, the changing political landscape in the US is a factor, with Democrats having announced they will scrutinize Musk's business dealings.