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Tesla, SpaceX Fall After U.S. Midterms; Democrats Win Congress and Texas Governor

1 reports1 sources11/4/2026 updated

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Tesla and SpaceX shares fell in pre-market trading after U.S. midterm elections, with Democrats winning both chambers of Congress and the Texas governor’s race. Yahoo Finance showed Tesla at $379 before the open, down 4.89 percent, while SpaceX fell 5.67 percent to $133.30, below its June offering price of $135. Investors are concerned that Democrats may investigate Elon Musk’s companies. The new Texas governor also plans to limit new data centers and tax breaks, potentially affecting SpaceX’s AI computing buildout in Boca Chica.

Written with AI from the reporting · updated 11/5/2026

Latest developmentNov 5, 06:23
Tesla and SpaceX shares fall on investor concern over Elon Musk’s political exposure
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  1. 1Unclassified fact stationNov 5, 06:40single sourcereport-time only

    特斯拉和 SpaceX 股价因选举后政治风险下跌

    Read original source ↗ BeInCryptoReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    特斯拉和 SpaceX
    Action：
    下跌
    Object：
    股价
    Occurred (fact side)：
    not recorded
    BeInCrypto ↗Report pageOriginal / first version
    Published (valid side)：
    Nov 5, 06:23
    First seen (known side)：
    Nov 5, 06:40
    Fact stationSingle source · one-sided claimReport-time only

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Nov 5
  1. BeInCryptoRelated fact: single sourceFact occurrence time unverified
    Tesla and SpaceX shares fall on investor concern over Elon Musk’s political exposure

    Report first recorded Nov 5, 06:40

    After Democrats won Congress and the Texas governor’s race, Tesla and SpaceX shares fell against a broader market rally. Tesla dropped 4.89% to $379 premarket, while SpaceX fell 5.67% to $133.30, below its June listing price. Investors fear regulatory probes and possible limits on Texas data centers tied to Musk’s AI plans.

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