Investors Worry About Musk Companies Under Democratic Congress -- WSJ
Dow Jones2026/11/04 01:57By Ben Glickman
Investors think a Democratic Congress spells trouble for Musk Inc.
Shares of SpaceX, which holds major government contracts, are down nearly 2% in postmarket trading. Tesla stock is down the same amount. Prediction markets odds for Democrats to take back both houses of Congress hovered around 99%.
Other AI-related stocks also fell in off-hours trading, on fears that Tuesday's results could lead to stricter regulation of the data center buildout.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
November 03, 2026 20:57 ET (01:57 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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