# Tesla and SpaceX lose more than $420 billion in combined market value after midterms

https://mins.news/en/item/131461

- CNBC, 2026-11-05 21:43 UTC
- Economy
- Original: https://www.cnbc.com/2026/11/05/tesla-spacex-stocks-fall-after-2026-midterms.html

> Tesla and SpaceX, both associated with Elon Musk, saw their combined market capitalization fall by more than $420 billion after the midterm elections.

## Related coverage

- [SpaceX, Tesla extend losses as midterm results cloud data center and merger outlook](https://mins.news/en/item/131308) — Reuters, 2026-11-05
- [Musk-backed candidates lose midterms despite financial backing](https://mins.news/en/video/129685) — France 24 English, 2026-11-04
- [Musk-backed candidates lose midterms despite financial backing](https://mins.news/en/item/129703) — France 24, 2026-11-04
