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The Manila Times

SpaceX, Tesla merger talks going well

SPACEX and Tesla are progressing in their merger negotiations, and a deal could be announced as early as December, Bloomberg News reported on Thursday, citing people familiar with the matter. The proposed merger would unify Elon Musk’s artificial intelligence, robotics, electric vehicle and aerospace ambitions under a single corporate roof, though it faces steep regulatory hurdles over SpaceX’s United States defense contracts and Tesla’s reliance on China. Musk said on…

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