Tesla and SpaceX are planning to announce a merger in the first half of 2027, according to ChainCatcher, which cited people familiar with the matter. The report said the combined company would have a market value of about $3.7 trillion after the deal. It also said the timing is intended to allow the merger to be completed during President Donald Trump’s current term, with the goal of strengthening Elon Musk’s corporate control. The report added that the approaching U.S. midterm elections are part of the backdrop. If Democrats take control of Congress, Musk and his companies could face investigations. No additional details on the proposed transaction were disclosed in the brief.
Tesla and SpaceX plan to announce a merger in the first half of 2027, according to ChainCatcher, which cited people familiar with the matter. The report said the combined company would have a market value of about $3.7 trillion after the transaction.
According to the same report, the move is intended to complete the merger during President Donald Trump’s current term and strengthen Elon Musk’s corporate control. With the U.S. midterm elections approaching, Musk and his companies could face investigations if Democrats gain control of Congress.
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