# Tesla and SpaceX Shares Fall About 5% After Democrats Win Midterms

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/48705
Published: 2026-11-04T18:22:26.000Z
Updated: 2026-11-04T18:22:26.000Z
Section: Investing

> Both companies are linked to Elon Musk, a prominent Republican supporter.

Tesla and SpaceX, two companies linked to prominent Republican supporter Elon Musk, each fell about 5% in Wednesday premarket trading after Democrats won decisively in U.S. midterm elections.