✉news WorldElections first seen 7 d ago, last 6 d ago, peak #1
Tesla and SpaceX Stocks Fall After Musk-Backed Texas Candidates Lose
Original: SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas
Shares in Tesla and SpaceX dropped after candidates backed by Elon Musk were defeated in Texas elections. The losses in Texas races, where Musk has taken an active political role, weighed on investor sentiment toward his companies, with the market reaction drawing widespread attention and raising questions about how much Musk's political spending could affect the businesses he leads.
Why now: Elon Musk's political involvement is now visibly affecting the stock prices of his companies
Rank over time, top of the chart is #1. 17 snapshots from 6 d ago to 6 d ago.
Evidence
- SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas · The New York Times
API: https://socialmediatrends-api.osmike.com/v1/trends/4892074