According to CoinDesk, citing a Bloomberg report based on people familiar with the matter, SpaceX and Tesla are discussing a potential merger, which could be announced as early as December or pushed back to early 2027. CoinDesk reported that as of the end of September, the two companies held 18,712 and 11,509 BTC respectively, totaling approximately 30,200 BTC. Based on the BTC price of nearly $69,000 used in the report, the holdings are valued at about $2.1 billion. These are existing holdings, and the merger itself does not require any new Bitcoin purchases. The transaction remains subject to recommendations from relevant committees and necessary shareholder approval.