SpaceX and Tesla are actively negotiating a merger and may announce a merger in the near future, Bloomberg writes, citing sources with knowledge of the matter.
"Elon Musk's two largest companies could announce a deal that will be unprecedented in scope in world history as early as December."
The deal will be the largest in world history: SpaceX's market value after the IPO is more than $1.9 trillion, while Tesla's value is estimated at $1.5 trillion.
The publication notes that as a result of the merger of SpaceX and Tesla, a conglomerate will emerge that will produce electric vehicles, batteries, rockets and satellites.