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.

We use cookiesPrivacy Policy

Chat with us on WhatsApp

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 Drop 9% Following Texas Election Results

First Detected: Nov 5, 2026, 4:19 PM

Last Update: about 1 hour ago

1 update

Event Summary

Tesla and SpaceX shares fell 9% following Texas midterm election results on Nov. 5. Rocket Lab and AST SpaceMobile shares also tumbled 13% amid concerns about regulatory threats to data center plans. Texas emerged as a key flashpoint, where Democratic upsets pose direct regulatory threats to Musk’s data center plans, affecting operations rather than only market sentiment.

Timeline

Latest developmentabout 6 hours ago

Elon Musk’s Wealth Plummets $74 Billion as Tesla and SpaceX Sell-off Deepens

Elon Musk's net worth fell by nearly $74 billion following a sharp plunge in his companies' shares, with SpaceX losses accelerating to 11%.

Read the full story

Key facts

Tesla and SpaceX shares fell by 9% following midterm election results in Texas.
Rocket Lab and AST SpaceMobile shares tumbled 13% amid concerns over regulatory threats to data center plans.
Tesla and SpaceX shares dropped by a specific 9%, while competitors Rocket Lab and AST SpaceMobile tumbled 13%.
Identification of Texas as a key geographical flashpoint, where election upsets directly threaten Musk's data center plans.
Emergence of direct regulatory threats resulting from Democratic upsets in Texas affecting operational plans rather than just market sentiment.

Price Impact

Since event start

TSLA-1.65%