--- title: "SpaceX and Tesla preparing the largest corporate deal in history: merger may be announced as early as December" description: "According to Bloomberg, SpaceX and Tesla have advanced merger negotiations and may announce the largest corporate deal in history as early as December. The combination would create a conglomerate worth over $3 trillion." date: 2026-11-13T11:09:29.439Z lang: en url: https://xab.info/en/posts/spacex-and-tesla-preparing-largest-deal tags: [spacex, tesla, elon-musk, merger, corporate-deal] author: "Darya Fomina" publisher: "XAB.info" --- # SpaceX and Tesla preparing the largest corporate deal in history: merger may be announced as early as December ![Tesla electric cars and a futuristic truck at a night presentation with a floating car](https://xab.info/media/2026/11/13/spacex-i-tesla-gotovyat-k-neyshuyu-sdelku-v-istorii/spacex-i-tesla-gotovyat-k-neyshuyu-sdelku-v-istorii-1.webp) ## Key Points - Bloomberg, citing sources, reported progress in merger talks between SpaceX and Tesla; an announcement is possible in December 2026 or early 2027. - The combination would create a conglomerate (EVs, energy systems, rockets, satellites) focused on AI for space, self-driving, and robotics, with a combined valuation of roughly $3.4–3.6 trillion. - Key hurdles are regulatory (Tesla's China business, SpaceX government contracts) and political (Democratic scrutiny of Musk's affairs); parties aim to close before Trump's term ends. ### Negotiations enter the final stage According to Bloomberg, SpaceX and Tesla have made progress in merger negotiations. Both corporations are owned by Elon Musk, and according to sources familiar with the private discussions, they could announce the largest corporate deal in history as early as December. However, the parties are also considering an alternative scenario where the official announcement is pushed to early 2027. Sources tell Bloomberg that the boards of directors and consultants for both companies are currently working on the terms of the merger and the management structure of the future combined corporation. ### A conglomerate from EVs to rockets Merging Musk’s two largest assets will create a conglomerate encompassing electric vehicle manufacturing, energy storage systems, rockets, and satellites. According to Bloomberg, the primary goal of the combination is to advance artificial intelligence technologies for space, self-driving cars, and humanoid robots. The companies already have joint projects; notably, the construction of the Terafab semiconductor plant is underway in Texas, making integration a technologically logical step. ### Regulatory and political barriers To close the deal, the parties must overcome significant regulatory hurdles, primarily addressing the separation of Tesla’s business in China. As JPMorgan analyst Rajat Gupta noted last month, national security issues related to SpaceX’s government and defense contracts, combined with Tesla’s large and profitable production in China, create “conflicting factors” that could complicate approval from regulators and shareholders. Additional pressure is generated by the political situation following the US midterm elections: Democrats, having gained control of Congress, have promised to investigate Musk’s business and political ties. According to Bloomberg, both sides aim to complete the deal before the end of Donald Trump’s presidential term. One of the issues being discussed is the number of shares SpaceX would need to provide to Tesla investors as part of the deal. ### Committees, timelines, and market scale In October, Musk announced that both companies' boards had formed special committees of independent directors to review the merger. The market value of SpaceX following its initial public offering (IPO) in June exceeds $1.9 trillion, and Tesla’s capitalization is approximately $1.5 trillion, totaling about $3.4–3.6 trillion. Tesla’s annual shareholder meeting is scheduled for December 3, making the coming weeks a key window for potential announcements. ### First public hints Interest in a possible merger began to build over the summer. Following the largest IPO in history, SpaceX President and COO Gwynne Shotwell stated in an interview with CNBC that a merger of the companies “might make Elon’s life a little easier.” Although she did not announce specific plans, this comment became one of the most direct public hints regarding such a deal. An additional signal was provided by SpaceX registration documents ahead of the Nasdaq share placement: the company added a clause regarding the possibility of issuing a significant volume of additional shares as part of future deals and acquisitions—wording that analysts associate with major corporate operations. ## Fact-Check & Sources - [Tesla и SpaceX могут объединиться в крупнейшую корпорацию в истории уже в декабре — переговоры продвинулись](https://3dnews.ru/1151243) - Source: Bloomberg report on advanced negotiations, timeline (Dec/early 2027), AI goal, Terafab, regulatory/political barriers, committees, market caps, Dec 3 meeting. - [SpaceX и Tesla могут объединиться в компанию стоимостью $3,6 трлн — Маск не против](https://3dnews.ru/1150208/ilon-mask-priznalsya-chto-spacex-i-tesla-obsugdayut-veroyatnoe-obedinenie) - Headline cites a total valuation of around $3.6 trillion; used as the upper end of the range. - [Маск готовит крупнейшую сделку в мировой истории – СМИ](https://www.m24.ru/news/13112026/963804) - Independent confirmation of the deal’s claim to being the largest in global history. - [SpaceX и Tesla могут объединиться: глава SpaceX впервые публично допустила слияние компаний Маска](https://www.ixbt.com/news/2026/06/13/spacex-tesla-spacex.html) - Context: Gwynne Shotwell's CNBC interview and the added clause regarding additional share issuance in SpaceX’s pre-IPO documents. ## FAQ ### When might the SpaceX and Tesla merger be announced? According to Bloomberg, an announcement is possible as early as December 2026; a delay until early 2027 is also being considered. ### What is the estimated value of the combined company? SpaceX’s market cap after its June IPO exceeds $1.9 trillion, while Tesla’s is around $1.5 trillion, totaling roughly $3.4–3.6 trillion. ### What are the main obstacles to the deal? Regulatory obstacles include the need to ring-fence Tesla's China business and national security concerns over SpaceX government contracts; political hurdles include investigations promised by Democrats into Musk's ties.