SpaceX and Tesla aim to complete a merger deal in the first half of next year
2026-10-22 08:23:18
According to CoinMeta, SpaceX and Tesla are aiming to complete a merger in the first half of next year, with relevant parties pushing for both companies to announce the merger in the first half of 2027 in order to finalize it during Trump's current administration. After the merger, the total market value of the combined company is expected to reach approximately $3.7 trillion. This will allow Musk to further consolidate his control over his business empire before any potential deterioration in the political and financial environment. The mid-term elections in the United States will take place in less than two weeks, and if the Democrats gain control of either house of Congress, Musk and his companies may face investigations, which could weaken the president's influence. At the same time, if stocks in the chip and artificial intelligence sectors continue to be sold off, investor support may decline, which could affect the progress of this transaction. Bill Birmingham, the head of research at financial, stated: "Musk and his advisors clearly wish to take advantage of this window of opportunity. The current timing is both favorable and crucial."
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated

Hot Articles
Refresh

Bitcoin Price Today: ETF $527M Inflow Rebound or Bull Trap?
17h ago

US Memory Chip Stocks Surge: Can SanDisk's $70B Rally Last?
10-20 12:24

How to Get US Stock News in China? 4 Free Channels
10-16 19:24

What Is a Bitcoin ETF? $104.8B AUM, 6.38% Market Cap Explained
10-15 17:03

Microsoft Stock: $551, $2.5 From High, Breakout or Pullback?
10-14 14:56



