QUICK SPARK: Tesla Stock Has Best 5-Day Rally in Over a Year as Elon Musk Pushes for SpaceX Merger by December

November 12, 2026 Piero Cingari

Summary

Tesla shares experienced their strongest five-day surge in over a year following reports that Elon Musk is aiming to merge the electric vehicle maker with SpaceX by December. If completed, the transaction would represent the largest corporate combination in history, bringing Musk's two biggest enterprises together under a single corporate structure.

Elon Musk wants his two largest companies under one roof, and he wants it fast. Space Exploration Technologies Corp. (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) are moving toward what would be the largest corporate merger in history, with an announcement possible as early as December, Bloomberg News reported Thursday, citing people familiar with the talks. According to the report, Musk is…

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