StocksMedium•14 November 2026•
1 min read
Tesla and SpaceX Market Value Erased by Over $420B in Two Days
Key Facts
1Tesla and SpaceX lost more than $420 billion in combined market value in just two days.
2Investors fear new congressional probes following the Democratic sweep in the US midterms.
Tesla and SpaceX lost more than $420 billion in combined market value in just two days. The Motley Fool reported that investors fear new congressional probes following the Democratic sweep in the US midterm elections, which has weighed heavily on sentiment.
TSLA closed at $390.22 on November 13, 2026, while SPCX closed at $139.11 on the same date. The market reaction reflects heightened concerns regarding regulatory scrutiny and political risks that could impact future expansions and corporate mergers.