According to Bloomberg, Musk is fully pushing for the merger of his two major companies, SpaceX and Tesla. Sources indicate that his advisory team is striving to announce the deal in the first half of 2027 to ensure the merger closes within Donald Trump's current term. Following the merger, the combined market capitalization of the two companies would reach approximately $3.7 trillion, potentially adding over $110 billion to Musk's personal wealth.

Musk publicly and explicitly expressed support for the merger for the first time during an earnings call, calling it "a good idea," but stated he would recuse himself from specific negotiations, leaving a special committee to handle the details. The transaction faces multiple time pressures, including the U.S. midterm elections, volatile market sentiment in the chip and AI sectors, and a "M&A currency" window with SpaceX's stock having rebounded 47% since August 5. Additionally, the national security sensitivity of SpaceX's involvement in U.S. government and defense contracts will pose a significant hurdle in securing regulatory and shareholder approval.