EconomyNvidia, SpaceX and Oracle chiefs lose nearly $105 billion after Democrats’ win
Bloomberg reported that the combined net worth of Nvidia CEO Jensen Huang, SpaceX’s Elon Musk and Oracle co-founder Larry Ellison fell by $104.9 billion as stocks declined after Democrats’ US midterm election win. Musk lost $79.7 billion, Huang’s wealth fell $15.1 billion to $150.9 billion, and Ellison lost $10.1 billion. Fears that a Democrat-controlled Congress could limit data-center construction weighed on related shares. Nvidia fell 9.3%, SpaceX 9% and Oracle 6.9%.
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TASS★★★☆☆2026-11-06 08:55Original
Nvidia, SpaceX and Oracle chiefs lose nearly $105 billion after Democrats’ win