Elon Musk has publicly backed combining Tesla and SpaceX in a potential deal that could bring together businesses worth around $3.7 trillion.
According to reports, people familiar with the discussions say there is a push to announce a merger in the first half of 2027, allowing it to close during President Donald Trump's administration.
Sources have hinted that the timeline is out of concerns about possible political scrutiny after the US midterm elections and market volatility that could weaken investor appetite.
😂Trump said Iran was trying to drive up oil prices ahead of the US midterm elections. In a post on Truth Social on Thursday, he accused Tehran of creating tensions in the oil market.
"They are even making up fake hits, mines, and everything else,” Trump wrote, alleging that Iran was fabricating incidents to push oil prices higher.
Nearly a decade after the Cambridge Analytica data breach exposed the personal data of millions, a US court has ordered Meta to pay $25 billion in penalty. Here's a look at how the lawsuit unfolded, and some of the biggest cases involving Big Tech. $META