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The proposal would unite Tesla's electric vehicle and clean energy business with SpaceX's aerospace and space exploration operations. Musk's statement marks a significant endorsement of the idea, though regulatory hurdles and shareholder approvals would present substantial challenges.

Merger Value

The combined entity would be worth an estimated $3.5 trillion, making it one of the most valuable companies globally. No timeline for such a merger has been disclosed, and both companies continue to operate independently.