Bloomberg
• Carmen Arroyo, Kara Carlson, Michelle F Davis, Ryan Gould
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.
M&A
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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.
Apollo is reshaping the board associated with its proposed takeover of easyJet in an effort to address concerns raised by the European Union. The available report does not disclose the proposed board changes, the specific EU objections or the transaction’s terms and timing.
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 acquisition adds Aerospatium to ProMedia Group’s portfolio, extending its presence in France after its earlier deal for Aerobuzz. The article provides no financial terms or details on how the publisher will be integrated, leaving the strategic scope of the latest purchase unclear.
High activity
easyJet has completed its purchase of Adria Tehnika, adding Slovenian aircraft maintenance capacity to its in-house operations. The carrier announced its intention to buy the MRO provider in December; it plans to retain Adria Tehnika’s third-party business while strengthening support for its own fleet.
American Airlines has exercised warrants tied to its $100 million investment in Azul, securing an 8% stake and placing one of its executives on the Brazilian carrier’s board. The move advances the investment from commitment to equity ownership and gives American formal representation in Azul’s governance.
High activity
Chorus Aviation has agreed to acquire Canadian air-ambulance operator SkyCare for about C$40 million (US$28.3 million). The purchase price is subject to customary adjustments and includes contingent consideration.
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