Tesla and SpaceX Stocks Fall as Investors Worry About Elon Musk’s Political Risk
A Yahoo Finance article reports that Tesla fell about 4% and SpaceX slipped below its June 2026 listing price on 4 November 2026 even as the S&P 500 and Dow rallied, with Democratic midterm wins raising worries over regulatory scrutiny of Elon Musk's businesses. Musk, who gave at least $446 million to Republicans before the vote, threatened to retaliate against any investigations and joked that data centers in space were looking appealing, while Gina Hinojosa, who unseated Texas Governor Greg Abbott, said "Texas is not for sale" and wants a halt to new data centers.
