Tesla-SpaceX Merger Talks

It's Benzinga bringing Wall Street to Main Street. Elon Musk is pushing for a merger between Tesla and SpaceX that would be the largest corporate merger in history. Bloomberg reported on Thursday that the companies could announce a deal as early as December, potentially around Tesla's December 3rd shareholder meeting. However, the timing could slip into early 2027. The companies have a combined market value of about $3.5 trillion. Special board committees are negotiating the merger's structure, governance, and share exchange terms. Tesla shares rose 2% Thursday afternoon, marking a fifth consecutive gain. The stock has climbed 16% since November 5th, adding about $218 billion in market value. For all things money, visit Benzinga.com.