SpaceX and Tesla Study $3.5 Trillion Merger, Largest in History

Elon Musk has proposed a merger between SpaceX and Tesla, potentially creating a single company valued at $3.5 trillion, which would be the largest corporate merger in history. The deal would combine rockets, electric vehicles, and artificial intelligence under one entity. Musk called the merger a "good idea" and announced special committees to study the operation, while recusing himself from deliberations due to his conflicting roles. SpaceX shares surged 11% after reporting a 161% revenue increase in the third quarter, boosting its market capitalization to $1.95 trillion. The current merger record is Vodafone's $183 billion purchase of Mannesmann in 2000, equivalent to about $350 billion today. Musk controls voting at SpaceX, but Tesla's lower stake means other shareholders could influence the outcome, with political factors also potentially playing a role.