Progress has been made in negotiations over a possible merger between «Tesla» and «SpaceX». The parties plan to officially announce the deal in December 2026. However, the announcement could also be postponed until early 2027. «Bloomberg» reports this, citing sources familiar with the matter.

According to the publication, the boards of directors of both companies are working to agree on the terms of the merger and the management structure of the newly formed entity. One of the key issues under discussion is how much of «SpaceX» will be allocated to «Tesla» shareholders.

«Bloomberg» notes that, if completed, the merger could become the largest deal in global corporate history. «SpaceX» is currently valued at $1.9 trillion, while «Tesla»’s market capitalisation is estimated to exceed $1.5 trillion.

The merger could create a major industrial group producing electric vehicles, rockets, satellites and batteries, while also developing infrastructure for artificial intelligence. One of the main objectives of the deal is to expand the use of AI technologies in the space industry, autonomous vehicles and robotics.

The companies are already cooperating in several areas. In particular, they are building a chip manufacturing plant called «Terafab» in the US state of Texas.

In October 2026, Elon Musk, who heads both companies, described a potential merger between «SpaceX» and «Tesla» as a “good idea” during a conversation with investors. He also said that the companies’ boards of directors had established special teams to examine the possibility of a merger.

According to «Bloomberg», one of the main obstacles to the deal could be «Tesla»’s operations in China. «SpaceX» is an important defence contractor for the US government, while «Tesla» has substantial manufacturing capacity in China.

The publication had also reported that in the summer of 2026, «Tesla» began considering the possibility of selling its business in China as part of preparations for a merger with «SpaceX».