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Marvell Technology and Lumentum announced an all-stock merger valued at roughly $115 billion, including assumed debt. The companies said the combined entity will focus on AI connectivity technology.
Harley-Davidson's electric motorcycle spinoff LiveWire disclosed in its latest financial report that recurring losses, negative cash flow and limited liquidity have raised substantial doubt about its ability to continue as a going concern. The company formed a special restructuring committee to explore financing, a sale, partnerships or other options, and withdrew its prior 2026 operating-loss guidance of $70-80 million. The warning arrives alongside rising quarterly sales, an 80 percent share of the 50+ kW on-road EV segment, and the rollout of new lower-priced models including the S4 Honcho and Dust Spur.
DoorDash has struck a deal to acquire US grocery-delivery rival Instacart in a transaction valued at $17 billion. The agreement would combine two major players in the on-demand delivery market under DoorDash's ownership.
The American Economic Liberties Project says Kroger's proposed $1.65 billion acquisition of Giant Eagle, which would add over 200 stores to Kroger's existing 2,700, could do more than reshape grocery competition. The advocacy group warns the merger could also combine or expand surveillance infrastructure, including Flock cameras and Cooler Screens technology, across a larger customer base. Kroger has denied using facial recognition for pricing but acknowledges using it for security at some locations; neither company responded to requests for comment.
Getty Images has filed for US bankruptcy protection, following its announcement last week of a restructuring plan after its proposed merger with Shutterstock fell apart. Under the plan, affiliates of the Getty family and Koch Equity Development will take full ownership of the company after committing up to $533 million in new equity.
On SpaceX's earnings call, CEO Elon Musk said merging SpaceX and Tesla would be a 'good idea' and noted that special committees have been formed at both companies' boards to explore the possibility. Musk is set to discuss Tesla's quarterly results Wednesday, with analysts expecting 43 cents earnings per share on $27.9 billion in revenue, roughly flat versus last year.
Elon Musk said special committees at Tesla and SpaceX are evaluating a potential merger of the two companies, which together could be valued around $3.5 trillion. He emphasized no agreement has been reached and any deal would require shareholder approval, with at least 50% of Tesla shareholders needing to sign off.
Elon Musk confirmed on SpaceX's Q3 earnings call that both companies have set up independent committees to explore merging, but said terms haven't been agreed and a deal isn't guaranteed. Musk said he is recusing himself from the talks due to his dual leadership role, and noted any agreement would require shareholder approval. The move follows SpaceX's earlier absorption of xAI in February and ongoing joint work with Tesla on the Terafab chip project.
Elon Musk confirmed on Tuesday that he favours merging Tesla and SpaceX, and said special committees have been set up to assess the possibility. He cautioned that no agreement has been reached and a deal is not guaranteed. Tesla is valued at roughly $1.5tn and SpaceX at about $2tn, meaning a combination would be the largest corporate merger on record.
During SpaceX's earnings call, CEO Elon Musk raised the possibility of closer financial links between SpaceX and Tesla, discussed plans for a new launchpad in Louisiana, and projected the company could eventually generate $500 billion in annual revenue. The call covered several other updates on SpaceX's business trajectory, according to reporting on the session.
Elon Musk said SpaceX and Tesla have each established special committees to begin working out potential terms for a merger between the two companies. Musk cautioned that a deal is not guaranteed to happen.
Elon Musk told analysts on a SpaceX earnings call that a merger between Tesla and SpaceX is being actively explored, with special committees formed at both companies to examine terms. He cautioned no deal is guaranteed and any merger would require shareholder approval, but said he believes it has 'a lot of merit.' Tesla is valued around $1.5 trillion and SpaceX at $2 trillion, meaning a combined entity would rank among the largest mergers ever.