Musk pushes Tesla-SpaceX merger before Trump term ends
Briefing by News4U · First published
Elon Musk backs a merger of Tesla and SpaceX, valued at $3.7 trillion, aiming to complete the deal before the current U.S. administration ends.
Elon Musk publicly endorsed merging Tesla and SpaceX, calling it the largest corporate deal in history. Sources say the companies, valued together at $3.7 trillion, aim to announce the transaction by mid-2027 and close it before the current administration leaves office. [1] [2] [3]
The push comes as the midterm elections approach in less than two weeks. Analysts note that a possible shift in congressional control could trigger investigations and weaken investor support for the deal. [1] [3]
Sources
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