Tesla and SpaceX shares drop $165 billion on election results
5 Nov 4 · 3d ago · 37 articles · 1 video · 27 posts · 6 comments · 8 sources · development 5 of 7
Shares of Tesla and the private valuation of SpaceX fell sharply the day after the vote as Texas's political shift raised doubts about regulatory and business conditions for Musk's companies.
“Elon Musk suddenly deleting his political posts after the Democrats won Congress in a landslide. With investigations into DOGE, government contracts, and conflicts of interest coming, dude is shook. 👀”
@cwebbonline, X user · x ↗
Elon Musk Tesla/SpaceX CEO and top midterm donor
Ken Paxton Texas Republican candidateTexas governor-elect Incoming Texas governor (Democrat)Congressional Democrats Incoming majority in the House and Senate
The whole story articlesvideospostscomments the bright band is this development · numbered dots are the others · click one to jump
What was reported 4 claims about this development
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first by MarketWatch, 3d ago · also Business Insider, Quartz, Anadolu Agency, Bloomberg, New York Times, New York Post +2
9 more headlines
- Tesla and SpaceX Shares Drop After Elon Musk's Election Bet Backfires Business Insider · 3d ago
- Shares of Tesla and SpaceX fall after Elon Musk's midterm election bet backfired Quartz · 3d ago
- Musk’s Tesla, SpaceX slide as Democrats take control of Congress Anadolu Agency · 3d ago
- Musk's Tesla, SpaceX Slide as Democrats Sweep Congress Bloomberg · 3d ago
- Shares of Elon Musk's Tesla and SpaceX Tumble After Republican Losses New York Times · 3d ago
- Musk's Tesla and SpaceX Slide on Midterm Results Bloomberg · 3d ago
- Shares of Elon Musk's Tesla and SpaceX Tumble After Republicans Are Routed New York Times · 3d ago
- Elon Musk suffers midterm blow as SpaceX, Tesla plummet: 'My election-interfering space lasers didn't work' New York Post · 3d ago
- Shares of Elon Musk’s Tesla and SpaceX tumble after Republicans routed in midterms Chicago Tribune · 3d ago
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first by Investopedia, 4d ago · also Investor's Business Daily, Hindustan Times, WSJ US Business, Politico, Politico Europe
4 more headlines
- Tesla, SpaceX Dive As Elon Musk's Big GOP Election Bet Fails Investor's Business Daily · 4d ago
- Trump ally Elon Musk's Tesla, SpaceX shares fall as midterm blue wave unfolds Hindustan Times · 4d ago
- Shares in Elon Musk’s SpaceX, Tesla Fall Premarket After Democrats Sweep Midterms WSJ US Business · 4d ago
- Elon Musk suffers major blow in US midterms Politico · 4d ago
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first by NBC News, 3d ago
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first by Capital Brief, 4d ago
What people said 20 voices · best of 21 · verbatim
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Elon Musk suddenly deleting his political posts after the Democrats won Congress in a landslide. With investigations into DOGE, government contracts, and conflicts of interest coming, dude is shook. 👀
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Elon Musk contributed $474 million to this year's midterm elections. That fucker has nothing to show for it. But that amount of money could fund a NASA Discovery-class mission competition. So we could show further exploration of the cosmos for it.
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Elon Musk spent $474 million backing Republicans in the midterm elections. Democrats won the House and Senate. Today, Tesla and SpaceX lost $165 billion in combined market value.
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I mean let’s not pretend the Democrats are impervious to bribery. I am happy to see the blue wave, but I am not going to sit here and act like Pelosi and others haven’t been lining their pockets with billionaire bucks for decades. Red or blue doesn’t matter to the rich; it just dictates the price tag for their costs. Seems like red is cheaper than…
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bbc.com/news/article... I know its just a drop in the bucket for him but it satisfying know he flush money down the drain
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Love this Reuters headline! "Elon Musk's business empire braces for Democratic wave as Texas flips blue 🤣 🤣 🤣 "As Republicans suffered a landslide defeat and Texas elected its first Democratic governor in more than three decades, one of the biggest losers of the US midterms was not on the ballot: billionaire Elon Musk." However, the TX State…
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Best thing I’ve heard all morning. So many voters think that their party will change things for the better , while not realizing that in reality we have a uniparty that takes money from whoever offers the most to buy their vote in Washington .
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hey elon you child fucking nazi..... we are coming for you. Elon Musk’s record election bet backfired. The backlash may reach beyond one billionaire #DefundDetainDeport
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Elon Musk spends big on losing efforts in 2026 midterm elections The 2026 midterms delivered a historic setback for Republicans, as Democrats won both chambers of Congress, made gains… # UnitedStates # US # USA # AmericaPAC # CHAMBER # Democrats # effort # ElonMusk # gubernatorialelection # mcnd # midtermelection # Midterms # mikerogers # Musk #…
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Do you believe actually believe the most likely explanation is they live in Africa? It’s possible but I certainly don’t think that’s likely. CNBC is an American news source so the second point doesn’t make sense.
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🟠 UPDATE Democratic Midterm Victory Impacts US Economic Policy and Trump's Agenda Elon Musk invested over $440 million into Republican candidates, but his backed candidates lost in Texas. Consequently, shares of Tesla and SpaceX dropped following the Democratic sweep. 📰 https://www. france24.com/en/musk-backed-ca…
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Money matters in politics even if money isn’t the only thing that matters. A single person being able to dump hundreds of millions into a single race is bad even if they failed because it was a wave election.
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I'm genuinely looking forward to the day we don't just regulate but *nationalize* Starlink. If only to see the look of horror on his face. ✅ Elon Musk Spirals Over His Failure to Buy Elections | The New Republic https:// newrepublic.com/post/217542/el on-musk-failure-buy-elections-texas # elonmusk # starlink
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most, if not all, of that $445M are government subsidized-stacks -- perpetually reinforcing the myth of boujee Welfare Queens
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“A more adversarial Congress is likely to intensify scrutiny of tech companies and the AI data center build-out.” # AIBubble # monopoly # shortage # inflation # USPolitics # inequaltiy # corruption https://www. cnbc.com/2026/11/04/midterm-el ection-blue-wave-trump-billionaires.html
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Going to be hard to go that route with the current makeup of the Supreme Court members.
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SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas - The New York Times https://www. nytimes.com/2026/11/04/busines s/musk-elections-spacex-tesla-stocks.html Hahaha, so much losing...
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All of the dogs that Musk buys to play with him end up biting him and running off with the neighbor kids. https://www. wired.com/story/voters-set-dol lar400-million-of-elon-musks-money-on-fire/
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BBC: Elon Musk's millions fail to deliver Texas for the Republicans in fierce midterms https://www. bbc.com/news/articles/cv8ez3p3 ge5ko
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NEW: 🔥🔥🔥🔥 x 100 million @dell.bsky.social@bsky.brid.gy reports:
All 7 developments of Musk's $474M midterm bet collapses as Texas flips blue… →
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