The boards of SpaceX and Tesla created independent committees in October to refine the governance and share exchange ratios for a potential merger of the two companies. While advisers are working toward a deal announcement as early as December, the timeline could shift into early 2027 depending on how quickly terms are finalized. Tesla is scheduled to hold its annual shareholder meeting on Dec 3, a key date for observers tracking the progression of the talks.
The proposed combination, which would be among the largest corporate mergers in history, faces significant regulatory friction. Negotiators are currently addressing the conflict between Tesla’s manufacturing base in China and SpaceX’s extensive contracts with the U.S. defense sector. A finalized deal would combine companies with a current aggregate valuation of roughly $3.4 trillion and collective Bitcoin holdings of 30,221 BTC, valued at more than $2.2 billion.
