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Israeli Startup Decart in Advanced Talks to Sell to Elon Musk's SpaceX for Over $6 Billion
Editorial illustration generated by baba News — not a photograph of the event.
Economy19:10 · 1h ago

Israeli Startup Decart in Advanced Talks to Sell to Elon Musk's SpaceX for Over $6 Billion

Channel 13Center
Translated & summarized from Channel 13 by baba
The story · English

The Israeli company Decart is reportedly in advanced negotiations to be acquired by SpaceX, the aerospace firm owned by billionaire Elon Musk. The deal is expected to exceed $6 billion, marking a significant transaction in the high-tech sector. This development highlights the growing interest of global tech giants in Israeli startups.

In a related economic insight, the chief economist at Israel's Ministry of Finance revealed that one in every five apartments in the country is purchased by a heavy investor, indicating substantial investment activity in the real estate market. This data was shared alongside the news of Decart's potential sale, underscoring dynamic economic trends in Israel.

The information was reported by Matan Hudorov for Channel 13 News, emphasizing the intersection of high-tech innovation and economic investment within Israel.

Read the original at Channel 13
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