Tesla and SpaceX lose nearly $469B in market value after Democrats win midterms
What happened
A Hacker News front-page report on November 6 said Tesla and SpaceX together shed nearly $469 billion in market value over two days, after Democrats unexpectedly won Texas and a congressional majority in the US midterms. Tesla fell 10.77% on Thursday and SpaceX 9%, and Musk's personal wealth dropped about $189 billion. The report says markets worry Democratic control of Congress will tighten regulation of AI and data centers and add scrutiny to a potential Tesla-SpaceX merger.
Written by AI from the coverage · updated 2 hours ago
Coverage
Follow the reports to see the story from different sides.
- Hacker News front pageTesla and SpaceX lose over $420B in combined market cap in the two days
美国中期选举民主党意外赢下得州并取得国会多数后，Tesla 与 SpaceX 两日市值合计蒸发近 4690 亿美元，Tesla 周四单日跌 10.77%，SpaceX 跌 9%。马斯克个人财富缩水约 1890 亿美元。市场担忧民主党掌控国会将加强对 AI 与数据中心监管，并加大 Tesla 与 SpaceX 潜在合并的审查难度。
Heat over time
Not enough continuous observations to draw a trend yet.