SpaceWall Street Journalabout 3 hours ago
SpaceX Shares Fall 9% After Midterm Sweep
2 min read
SpaceX shares fell 9.28% to $123.31 on Thursday as Democrats won control of Congress, extending a post-election slide. The drop cut Elon Musk's wealth by $33 billion and raised concerns over regulatory hurdles for data centers and a potential merger with Tesla, despite the company's third-quarter revenue of $14.575 billion.
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