Breaking
BRFM Sergipe does 'Pre-Caju Heat' on Orla da AtalaiaCNPGO Weili 150 ABS brand new gasoline-electric motorcycle is on the road. It has both level 1 fuel economy and a 37L large cabin. It is a high-cost transportation choice for commuters.CN"Freedom Day Shoot" commemorates Sun Yat-sen's mention of Taiwan and Xi repeats the old tune of "complete reunification of the motherland"USThe unfolding Jensen Huang scandal: a timelineCNAI Shock Bomb Huida Huang Renxun ResignsDEInsiders report Jensen Huang's third affair - again with an Nvidia employeeAULive: Cummins to address ball tampering claims after Khawaja revelationsITBeppe Fiorello and Achille Lauro light up the night of the ATP FinalsBRSara dos Santos wins gold in boxing at the Youth Olympic GamesITNvidia closes on the Nasdaq at -4.34%, over 400 billion burned since the beginning of the weekBRFM Sergipe does 'Pre-Caju Heat' on Orla da AtalaiaCNPGO Weili 150 ABS brand new gasoline-electric motorcycle is on the road. It has both level 1 fuel economy and a 37L large cabin. It is a high-cost transportation choice for commuters.CN"Freedom Day Shoot" commemorates Sun Yat-sen's mention of Taiwan and Xi repeats the old tune of "complete reunification of the motherland"USThe unfolding Jensen Huang scandal: a timelineCNAI Shock Bomb Huida Huang Renxun ResignsDEInsiders report Jensen Huang's third affair - again with an Nvidia employeeAULive: Cummins to address ball tampering claims after Khawaja revelationsITBeppe Fiorello and Achille Lauro light up the night of the ATP FinalsBRSara dos Santos wins gold in boxing at the Youth Olympic GamesITNvidia closes on the Nasdaq at -4.34%, over 400 billion burned since the beginning of the week
Newsgather
All StoriesWorldSportsFinanceTechScienceHealthCultureClimatePoliticsSpace
BackMusk Group: Musk could apparently announce the SpaceX and Tesla merger in December
Musk Group: Musk could apparently announce the SpaceX and Tesla merger in December
Developing
Handelsblatt8 minutes agoBusiness1 min readGermanyView original

Musk Group: Musk could apparently announce the SpaceX and Tesla merger in December

Bloomberg reports, citing people familiar with the matter

Elon Muskspacextesla

Quick Look

  • According to a Bloomberg report, SpaceX and Tesla could announce their merger in December, although a delay until early 2027 is also being discussed.
  • The combined market value could be around $3.5 trillion.
  • Neither company was initially available for comment.

AI-generated summary

Why It Matters

Musk called the plan a “good idea” in October. It would bring its ambitions in artificial intelligence (AI), robotics, electric vehicles and aerospace under one roof. Special committees of independent directors were formed to examine a possible merger because Musk himself had a conflict of interest.

Font size

According to a media report, the two companies SpaceX and Tesla, led by billionaire Elon Musk, could announce their merger in December. However, a scenario was also discussed in which the announcement could be delayed until early 2027, the Bloomberg agency reported on Thursday, citing people familiar with the matter.

Musk called the plan a “good idea” in October. It would bring its ambitions in artificial intelligence (AI), robotics, electric vehicles and aerospace under one roof. A company could emerge with a market value of around $3.5 trillion.

SpaceX and Tesla were not immediately available for comment on the report on Thursday.

Musk said in October that special committees had been formed to examine a possible merger. Since he himself has a conflict of interest, he cannot take part in the discussions between the committees consisting of independent directors.

The committees were set up at the request of the shareholders, who ultimately have to approve a deal. However, it is premature to assume a merger. The committees have not yet agreed on the terms of a transaction and may never do so.

What to Watch

AI outlook — possibilities, not facts

  • The merger of SpaceX and Tesla could be announced in December.

    Possible · Within weeks

  • The announcement of the merger could be delayed until early 2027.

    Possible · Within months

Open Questions

  • When exactly might the merger be announced?
  • What terms would apply to the transaction?
  • Will shareholders approve the merger?

Related Topics

Elon Musk
OrganizationsSpaceXTeslaBloomberg
Topicsspacexteslafusionbloombergartificial intelligencerobotics
This article was originally published by Handelsblatt.

Related Stories

Insiders report Jensen Huang's third affair - again with an Nvidia employee
BREAKING·

Insiders report Jensen Huang's third affair - again with an Nvidia employee

The resigned Nvidia boss Jensen Huang is said to have had further extramarital affairs with female employees after his resignation, including one with the deputy head of healthcare Kimberly Powell. At the same time, suspicions of espionage surrounding a relationship with Alice Huang are growing in the US government, which is leading to calls for the resignation of Commerce Secretary Howard Lutnick.

Die Welt
2 min read
Nvidia affair: Singapore has banned Alice Huang from re-entering the country
BREAKING·

Nvidia affair: Singapore has banned Alice Huang from re-entering the country

Singapore has banned Chinese businesswoman Alice Huang from re-entering the country after launching an investigation into Megaspeed for allegedly making false statements about server sales. Nvidia boss Jensen Huang admitted to an affair with her and resigned. According to the Interior Ministry, police were investigating Huang for alleged involvement in crimes, not espionage. Her passport was confiscated and later returned, followed by a stern warning and entry ban.

Handelsblatt
1 min read
Healthcare: Lawsuit against GKV savings package: Pharmaceutical company MSD goes to the Federal Constitutional Court
Developing·

Healthcare: Lawsuit against GKV savings package: Pharmaceutical company MSD goes to the Federal Constitutional Court

MSD, the German subsidiary of the US pharmaceutical company Merck, has filed a constitutional complaint against central provisions of the Statutory Health Insurance Contribution Rate Stabilization Act with the Federal Constitutional Court. The company expects costs of almost one billion euros for 2028 and warns of the consequences for innovation and jobs in Germany. Germany boss Kevin Peters emphasizes that MSD wants to stay in Germany, but demands fair regulation.

Handelsblatt
3 min read
More on this topicElon Musk