SpaceX and Tesla on track for merger as soon as December

Detailed summary

The deal would be a blockbuster for Wall Street, creating a conglomerate housing artificial intelligence, electric vehicles, batteries, rockets and satellites.

San Francisco | SpaceX and Tesla are progressing in their merger negotiations, setting the stage for a combination that could redefine the limits of global dealmaking.

Elon Musk’s two largest companies could announce what would be the biggest-ever deal as soon as December, according to people familiar with the matter.

Opening of the article, excerpted from Australian Financial Review. To read the rest, open the article on the publisher's site.