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SpaceX (SPCX) and Tesla (TSLA) could announce a merger in December, and traders nearly tripled the odds
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Source: AIStockWire
Key points SpaceX and Tesla could announce a merger as soon as December Polymarket traders nearly tripled the odds of a SpaceX-Tesla announcement this year Musk says a Tesla vote would need a majority of outstanding shares SpaceX (SPCX) and Tesla (TSLA) are making progress in merger talks and could announce a deal as soon as December, Bloomberg reported on Thursday. The two companies have also discussed a timeline in which the announcement slips into early 2027, according to the report. Bloomberg described a deal as potentially the biggest ever. The companies haven't announced terms, so there's no deal price yet. For comparison, at Thursday's closing prices, SpaceX was worth about $1.90 trillion and Tesla about $1.57 trillion, or about $3.47 trillion combined. Tesla closed at $397.45, up 1.7%. SpaceX closed at $139.94, up 0.1%. The report was published at 3:09 p.m. ET, and Tesla shares were at $390.10 at 3:05 p.m.
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