Tesla and SpaceX Merger Talks Target 2027 Close Before Trump Term Ends
Elon Musk announced Tesla and SpaceX are exploring a merger, potentially creating a super-firm and securing him a pay package near $1 trillion. Bloomberg reports insiders say the deal must close before Donald Trump's presidential term ends. Bloomberg, citing anonymous sources, says there is a push to announce a deal by the first half of 2027 to close during this administration, amid jittery markets and political concerns. Tesla and SpaceX did not respond to requests for comment on the timing. Potential obstacles include antitrust issues and Democratic scrutiny if they gain congressional power, with Tesla's China operations, accounting for 20% of revenue, posing regulatory risks due to SpaceX's defense and Starlink activities. Musk responded to political criticism on X, warning adversaries.