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AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
Stocks
Crypto
Gold
Commodities
Indices
ETFs

Analysis

Fed
ECB
COT
Economic Calendar

Learn

Service Guide
MCP Server
Oil

Company

About
Contact
Data Methodology
AI Disclosure
Pricing
Enterprise
Terms
Privacy
Security
WhatsApp

Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

BreakingStocks

Tesla and SpaceX Shares Sink as Democrats Flip Key Texas Seats

First Detected: Nov 4, 2026, 9:02 AM

Last Update: about 1 hour ago

1 update

Event Summary

Tesla and SpaceX shares fell by more than 4% on Nov. 4 following the U.S. midterm election results. Democratic wins in key Texas seats raised doubts about the prospects for Elon Musk-backed AI data centers. Investor concerns centered on the future of those centers and the companies’ prospects under the new results.

Timeline

Latest developmentabout 7 hours ago

Tesla and SpaceX Market Value Drops $61 Billion After Musk-Backed Candidates Lose

Tesla and SpaceX lost $61 billion in market value during after-hours trading after Elon Musk spent $400 million supporting defeated Republican candidates.

Read the full story

Key facts

Tesla and SpaceX shares fell by over 4% following US midterm election results.
Democratic wins in Texas raised doubts about the prospects of Musk-backed AI data centers.
Tesla and SpaceX shares fell over 4% following Democratic wins in Texas.
Investor concerns are focused on the future of Musk-backed AI data centers and company prospects under the new results.

Price Impact

Since event start

TSLA-1.75%