This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX) are making progress in merger talks and could announce a deal as early as December, Bloomberg reported Thursday. The two companies have a combined market value of roughly $3.4 trillion. For Tesla shareholders, the figure that matters most is how many SpaceX shares they could receive for each Tesla share. Warning! GuruFocus has detected 3 Warning Sign with SPCX. Is SPCX fairly valued? Test your thesis with our free DCF calculator. Reuters put SpaceX's market capitalization at about $1.9 trillion and Tesla's at about $1.55 trillion. Those figures give a sense of the potential merger's scale.
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