Tesla and SpaceX Could Announce Record Merger as Soon as December, Bloomberg Reports

Talks between Tesla and SpaceX are advancing toward what would be the largest corporate merger ever recorded, with Bloomberg reporting on November 13 that the two companies could announce a deal as early as December, though the announcement may slip into early 2027. The combined entity, valued at roughly 3.4 to 3.5 trillion dollars depending on the source, would become the fifth largest company in the world by market capitalization, reflecting Elon Musk's desire to consolidate control over his two biggest enterprises.

The report triggered immediate activity in options markets, with over 4.6 million dollars in Tesla January call options hitting the tape shortly after the Bloomberg story broke, concentrated near the 400 strike price. Prediction markets placed the probability of a Tesla-SpaceX combination closing this year at around 30 percent, signaling that traders view a 2026 completion as possible but not certain.