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Market Chatter: SpaceX Land Talks Face Pause Request From Texas Governor-Elect

Market Chatter: SpaceX Land Talks Face Pause Request From Texas Governor-Elect

MT newswireMT newswire2026/11/06 08:47
04:47 AM EST, 11/06/2026 (MT Newswires) -- SpaceX (SPCX) could face a delay in discussions involving a potential purchase of state-owned land after Texas Governor-elect Gina Hinojosa asked state officials to refrain from taking action during her transition to office, Bloomberg reported Thursday. According to the report, Hinojosa said she spoke with the head of the Texas Parks and Wildlife Department and requested that no action be taken on the matter while transition is underway. Hinosa said future dealings with Elon Musk's companies would proceed on terms that protect the interests of Texas residents, Bloomberg reported. SpaceX and the campaign team of Gina Hinojosa did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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