While the industry is on edge, Nvidia-backed Nscale is still pushing for a New York Stock Exchange listing! The company has updated its IPO prospectus: revenue surged by 1,344%, but reported a single-quarter net loss of $1.69 billion.

Tesla is scheduled to hold its annual shareholders meeting on December 3, which coincides closely with the earliest timeline for announcing the transaction in December. Currently, one of the core topics under discussion between the two parties is the number of shares that SpaceX would need to issue to Tesla investors as part of the deal. At the same time, both sides are also considering the alternative option of postponing the announcement until early 2027.