SpaceX-Tesla Merger Talks Advance; Detailed Terms Remain Undisclosed
JH Kim
Summary
- A report said merger talks between Elon Musk-led SpaceX and Tesla are making progress.
- It has not yet been confirmed whether the companies will ultimately merge.
- Detailed terms, including the merger structure, valuation, and deal size, have not been disclosed.
Forecast Trend Report by Period
Merger talks between Elon Musk-led space company SpaceX and electric-vehicle maker Tesla are advancing, according to a report.
Cointelegraph, a media outlet focused on digital assets, reported on Nov. 12 that discussions over a merger between SpaceX and Tesla are underway and that the talks have made progress.
It has not been confirmed, however, whether the companies have reached a final decision on a merger.
Detailed terms, including the merger structure, valuation and deal size, have not been disclosed.
JH Kim
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