SpaceX and Tesla Shares Sell Off as Musk’s Election Bet Flounders
SpaceX shares fell more than 4% in premarket trading after Democrats won control of both houses of Congress, according to the report.
By Alexander OsipovichThe world's richest man will likely be a bit poorer when markets open today.Shares of SpaceX, Elon Musk's rockets-and-AI company, slumped over 4% in premarket trading after Democrats won control of both houses of Congress-an election outcome that Musk had spent heavily to prev…