Tesla and SpaceX Shares Fall 4% Premarket as Democrats Win Midterms
Photo: CoinCentral
TLDR Tesla and SpaceX shares fell about 4% in premarket trading on Wednesday as Democrats pulled ahead in the midterms. Both stocks first dipped about 1.8% after hours when Jon Ossoff was projected to win in Georgia. Decision Desk HQ projects Democrats will take both the House and the Senate. A Tesla-SpaceX merger remains exploratory, with a reported push to announce a deal by the first half of next year. Elon Musk gave about $450 million to $500 million to Republican efforts before the vote.
Source: CoinCentral
