Talks accelerate
According to Bloomberg, negotiations have picked up pace on Elon Musk's plan to combine his two major companies, Tesla and SpaceX, under a single roof. The deal could reportedly be announced in December.
Why it matters
The report describes the potential merger as "the largest corporate merger in history." A move of this scale could shift the balance of power in both the automotive and space/satellite industries.
Not yet confirmed
The information is based on talks; the terms, share structure and timing of any merger have not been officially confirmed, and no firm announcement date has been given.
