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People familiar with the matter said relevant parties are pushing for Tesla (TSLA.O) and SpaceX (SPCX.O) to announce a merger in the first half of 2027, so that the deal can be completed during Trump's current administration. The combined company would have a total market value of about $3.7 trillion. This would also allow Musk to further consolidate control over his corporate empire before a possible deterioration in the political and financial environment. U.S. midterm elections will be held in less than two weeks. If Democrats control either chamber of Congress, Musk and his companies could face investigations, and it could also weaken the influence of a president increasingly entering lame-duck status. At the same time, if the selloff in chip and artificial intelligence stocks continues, investor support could weaken, potentially affecting whether this ambitious deal can move forward. Bill Birmingham, head of research at REX Financial, said: "Musk and his advisers clearly want to take advantage of this window. The current timing is both favorable and crucial."