SpaceX, Tesla may announce merger in December — Bloomberg
Detailed summary
According to the news agency, this will become the largest deal in history
NEW YORK, November 13. /TASS/. US companies SpaceX and Tesla may announce a merger in December, Bloomberg wrote citing sources.
The report says the merger of Elon Musk’s two companies will become the largest deal in history and will create a conglomerate that brings together electric vehicles, energy storage batteries, rockets and satellites.
At this point, working groups are hammering out the terms of the tie-up and the new entity’s governance sstructure.
Earlier, Elon Musk said the companies are in talks about a merger and expressed support to their possible tie-up.
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