00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk is pushing for a merger between Tesla and SpaceX that would be the largest
00:07corporate merger in history. Bloomberg reported on Thursday that the companies could announce
00:12a deal as early as December, potentially around Tesla's December 3rd shareholder meeting.
00:18However, the timing could slip into early 2027. The companies have a combined market value of
00:24about $3.5 trillion. Special board committees are negotiating the merger's structure,
00:30governance, and share exchange terms. Tesla shares rose 2% Thursday afternoon,
00:36marking a fifth consecutive gain. The stock has climbed 16% since November 5th,
00:42adding about $218 billion in market value. For all things money, visit Benzinga.com.
