Trump Ally Elon Musk’s Tesla, SpaceX Shares Fall as Midterm Blue Wave Unfolds
Democrats plan probes into Elon Musk as Tesla fell 4.4% and SpaceX 5.2% in overnight trading, investors said.
7 Articles
7 Articles
Elon Musk's Tesla, SpaceX shares fall 1.8% as Democrats surge in US midterm elections 2026
Elon Musk's Tesla and SpaceX shares fell 1.8% in after-hours trading as Democrats gained ground in the 2026 US midterms, raising investor concerns over AI regulation and a potential merger.
Elon Musk's Tesla and SpaceX Take a Beating as Dems Surge
Election Night isn't looking good for Elon Musk — or anyone who is invested in his businesses, with Tesla's stock dropping 4.4% and SpaceX dropping 5.2% The post Elon Musk’s Companies Take a Beating as Dems Surge on Election Night first appeared on Mediaite.
As initial results from the US midterm elections began to indicate a landslide victory for the Democrats, shares of Tesla Inc. and SpaceX, companies owned by prominent Republican supporter Elon Musk, fell.
Elon Musk bet hundreds of millions of dollars on Republicans in the US midterm elections. When the Democrats took the lead on election night, his stock market giants Tesla and SpaceX fell 4.4 and 5.2 percent, respectively. The decline began in after-hours trading on Tuesday and deepened overnight as the election results came in. At 03:45 Swedish time, Tesla was trading at $381 and SpaceX at $134, according to Mediaite. For SpaceX, it was a sharp…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
