Bloomberg
• Carmen Arroyo, Kara Carlson, Michelle F Davis, Ryan Gould
A proposed merger between Tesla and SpaceX, described as a $3.7 trillion combination, faces a narrowing window as Elon Musk seeks to secure the deal before the political and financial environment changes. The available report does not specify terms or a transaction timeline.
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A proposed merger between Tesla and SpaceX, described as a $3.7 trillion combination, faces a narrowing window as Elon Musk seeks to secure the deal before the political and financial environment changes. The available report does not specify terms or a transaction timeline.
People familiar with the matter say there is a push to announce a deal between Musk’s Tesla and SpaceX by the first half of 2027, with a potential closing during President Donald Trump’s administration. The reported timetable comes as market volatility threatens the exuberance supporting Musk’s business empire.
The U.S. Air Force is testing whether military supplies can withstand the rigors of spaceflight aboard SpaceX’s new Starfall reentry capsule. The effort is part of a Pentagon initiative to assess commercial space vehicles as a means of delivering critical equipment to forces around the world.
Bengaluru-based OXG Space raised ₹17 crore in a round led by Aum Ventures’ India Innovation Fund II to build a satellite connectivity network in orbit. Separately, U.S. startup Atombeam raised $18.3 million to accelerate adoption of networking software for satellite, defense and commercial links, taking its total funding to $55 million.
Media mogul John Malone said he thinks Skydance Corp. and Elon Musk’s SpaceX could reach a deal. No terms or details of a potential transaction were provided.
The CNBC Investing Club says some stocks could benefit from growing power demand at SpaceX. The available report does not identify the companies or quantify the demand, limiting what can be concluded about the potential commercial or infrastructure implications.
Spanish launch company PLD Space now plans to conduct the Miura 5 rocket’s first orbital launch in the first half of 2027, pushing back the debut from its earlier schedule. The change shifts the timeline for the company’s entry into the orbital launch market.
Hewlett Packard Enterprise plans to send its Spaceborne Computer-4 AI-compute module to the Moon aboard Astrolab’s FLIP rover. The mission is scheduled to launch this year, putting onboard computing technology on a lunar surface mission.
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