NEW YORK, November 13. /TASS/. US companies SpaceX and Tesla may announce a merger in December, Bloomberg wrote citing sources.

The report says the merger of Elon Musk’s two companies will become the largest deal in history and will create a conglomerate that brings together electric vehicles, energy storage batteries, rockets and satellites.

At this point, working groups are hammering out the terms of the tie-up and the new entity’s governance sstructure.

Earlier, Elon Musk said the companies are in talks about a merger and expressed support to their possible tie-up.