Trillion-Dollar Deal Between SpaceX and Tesla
A decision on this matter is expected to be made at Tesla's shareholders' meeting on December 3.
According to Bloomberg, a potential merger between SpaceX and Tesla could be announced in December. A decision on the matter is expected to be discussed at Tesla's annual shareholders' meeting on December 3. However, as negotiations are still ongoing, the deal could also be postponed until early 2027.
The two sides are primarily discussing company valuations, share exchanges and management issues. Under the current proposal, Tesla shareholders would receive SpaceX shares, with the merger structured as an acquisition of Tesla by SpaceX. SpaceX is reportedly valued at more than $1.9 trillion, while Tesla is worth approximately $1.5 trillion.
One of the main obstacles to the potential merger is Tesla's business in China. Concerns have been raised about possible conflicts of interest between SpaceX's involvement in defense and government projects and Tesla's operations in the Chinese market. Political changes in the United States and potential scrutiny of the companies could also affect the process.
Elon Musk holds significant voting power in both companies. If the merger goes ahead, his management position and financial interests could also change. Tesla's December 3 shareholders' meeting is considered an important milestone for the future of the potential deal.