SpaceX and Tesla’s merger may be just weeks away, a new report claims
Elon Musk has revealed a plan to buy 100GW of solar power equipment
Musk wants to use the gear to build a ‘sentient sun’ in outer space
High-profile talks to merge Elon Musk’s SpaceX and Tesla companies are moving ahead, Bloomberg claims , setting the scene for “a combination that could redefine the limits of global dealmaking.” Ongoing discussions are said to be progressing well, with Bloomberg reporting that the two companies’ boards are “hammering out the terms of the tie-up and governance structure of the combined entity, among other matters.” A deal could be struck as soon as December, just a couple of weeks from now, although it might slip into 2027. The combined companies would cover a broad range of industries, including space exploration , electric vehicles and battery technology. And considering SpaceX’s value sits at $1. 9 trillion and Tesla is worth $1. 5 trillion, the resulting $3 trillion conglomerate could be one of the largest and most valuable firms on the planet. That will likely bring attention from Democratic lawmakers now that the party controls both houses of Congress and has vowed to investigate Musk’s business dealings …