Bloomberg reported on Nov. 12, citing people familiar with the matter, that SpaceX and Tesla are progressing in merger talks and could announce what it called the biggest-ever deal as soon as December, or in early 2027. The Verge quotes Bloomberg that the boards and advisers are working through terms and the governance of a combined company. CNA said neither company could be reached for comment, and that Musk last month called a merger a good idea. No agreement has been announced, and neither company has posted a confirmation.
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