Tesla and SpaceX are reportedly moving ahead with merger talks, and a deal could be announced in December.
The proposed transaction is valued at more than $3.5 trillion. If it goes through, the combined group would bring together Tesla’s and SpaceX’s businesses across artificial intelligence, robotics, automotive and aerospace.
The talks are still at an early stage, and no final terms have been confirmed. Investors will be watching closely for an official announcement in the coming weeks, since a combination of this size would reshape both companies.