ATLAS News · Deals

SpaceX and Tesla Merger Talks Reportedly Advance Toward Record Deal

Published November 12, 2026 · 6 sources

Bloomberg reports SpaceX and Tesla merger talks are progressing, with an announcement possibly coming as soon as December, according to several outlets.

What happened

Bloomberg reports that talks between SpaceX and Tesla on a merger are progressing, and that the combination would be a record-setting deal. Investing.com, CNBC and Electrek relayed the report.

According to TradingKey and Electrek, an announcement could come as soon as December. Electrek puts the potential value of the transaction at $1.5 trillion.

TradingKey adds that the timing could put the deal ahead of Democrats taking control of Congress in January. Benzinga reports that Tesla shares were having their best run in a year following the report.

Context

A merger between two large companies typically involves negotiations over terms, board deliberations and regulatory review before it can be completed.

Why it matters

A combination of this scale, if it materialized, would be significant for Tesla shareholders and for investors following both companies, though the talks have not been confirmed by an announcement.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

TeslaTSLA

+1.69%

Consumer Cyclical · NASDAQ

Live price

$390.84▲ +1.69%

live price · USD

Close on November 12: $397.45+1.69% vs. previous close ($390.84)
Chance of a rise in 1 month: 48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $351.33 and $428.02; 9 in 10, between $294.91 and $509.90.

See the full ATLAS analysis of Tesla →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

SpaceX and Tesla Talks on Record Merger Are Said to Progress · Bloomberg.com · November 12, 2026
SpaceX, Tesla merger talks progress, Bloomberg News reports By Reuters · Investing.com · November 12, 2026
SpaceX, Tesla Merger Reportedly Could Be Announced as Soon as December, Potentially Ahead of Democrats Taking Control of Congress in January · TradingKey · November 12, 2026
SpaceX could announce $1.5 trillion Tesla merger in December: report · Electrek · November 12, 2026
SpaceX and Tesla advance merger talks toward potentially record-breaking deal: Report · CNBC · November 12, 2026
Tesla Stock Best Run in a Year on SpaceX Merger Report - Tesla (NASDAQ:TSLA) · Benzinga · November 12, 2026

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