US Stocks Fluctuate | Musk May Face Democratic “Reckoning,” Tesla and SpaceX Stocks Plummet

智通财经APP has learned that on Thursday, Tesla (TSLA.US) and SpaceX (SPCX.US) both fell by over 8%. Analysts believe that Tesla is advancing its autonomous driving, Robotaxi, and humanoid robot businesses; meanwhile, SpaceX is continuously expanding the Starlink network, commercial spaceflight, and AI computing infrastructure investments. These ventures possess long-term growth potential but also require ongoing capital investment, and their actual development depends on technological progress, project approvals, and commercialization speed. Therefore, the market is not only focused on the current revenue and profits of both companies, but also on whether future growth can be realized. When investors begin to worry about changes in regulatory environments, project delays, or increased capital expenditures, the companies’ valuations may come under early pressure.