SpaceX and Tesla on track for merger as soon as December

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The deal would be a blockbuster for Wall Street, creating a conglomerate housing artificial intelligence, electric vehicles, batteries, rockets and satellites.

San Francisco | SpaceX and Tesla are progressing in their merger negotiations, setting the stage for a combination that could redefine the limits of global dealmaking.

Elon Musk’s two largest companies could announce what would be the biggest-ever deal as soon as December, according to people familiar with the matter.

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