Commercial Space News

Bloomberg • Carmen Arroyo, Kara Carlson, Michelle F Davis, Ryan Gould

Musk backs a potential SpaceX-Tesla merger targeted for 2027, as public comments and Tesla’s China business complicate talks

Elon Musk has publicly endorsed a potential merger of SpaceX and Tesla, a deal valued in one report at $3.5 trillion and targeted for 2027. Insiders reportedly fear his comments could invite shareholder scrutiny and delay negotiations, while Tesla’s China operations could draw national-security scrutiny.

2026-10-21T18:05:00.060776-07:00

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Musk backs a potential SpaceX-Tesla merger targeted for 2027, as public comments and Tesla’s China business complicate talks

Elon Musk has publicly endorsed a potential merger of SpaceX and Tesla, a deal valued in one report at $3.5 trillion and targeted for 2027. Insiders reportedly fear his comments could invite shareholder scrutiny and delay negotiations, while Tesla’s China operations could draw national-security scrutiny.

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Musk reportedly aims to announce Tesla-SpaceX deal by first half of 2027

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.

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OXG Space raises ₹17 crore for orbital connectivity network; Atombeam secures $18.3 million for satellite and defense networking

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.

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