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SpaceX and Tesla Shares Fall Premarket After Democrat Sweep

Original: Shares in Elon Musk’s SpaceX, Tesla Fall Premarket After Democrats Sweep Midterms

Shares in Elon Musk's companies SpaceX and Tesla fell in premarket trading following the Democratic victory in the US midterm elections, according to the Wall Street Journal. Investors appear to be reacting to the political shift in Washington and what it could mean for Musk's businesses, which are sensitive to regulation, government contracts and policy.

Why now: The midterm results surprised markets and raised questions about the regulatory outlook for Musk's companies.

Elon MuskSpaceXTeslaDemocratic Party

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