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Shares of Elon Musk’s Tesla and SpaceX tumble after Republicans are routed

Tesla fell over 5% and SpaceX more than 7% at Wednesday's open.

Covered by 4 sources from 2 countries. First reported by The New York Times ·

Headlines compared

Common ground: most headlines mention “Elon Musk’s Tesla”, “SpaceX”, “Midterm” and “billion”.

Different angles:

  • The New York Times “Election Results”
  • The New Zealand Herald “Republicans are routed”
  • MarketWatch “selloff deepens”
  • CNBC “market cap”

One of the 4 headlines quotes someone directly.

How 4 newspapers cover this story

  1. The New York TimesUnited StatesFirst report

    Musk Faces Setback as SpaceX and Tesla Stocks Tumble on Midterm Election Results

    The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

  2. The New Zealand HeraldNew Zealand

    Shares of Elon Musk’s Tesla and SpaceX tumble after Republicans are routed

    Tesla fell over 5% and SpaceX more than 7% at Wednesday's open.

  3. MarketWatchUnited States

    The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $450 billion two-day wipeout

    Investors worry a divided Washington could derail “Elon, Inc.”

  4. CNBCUnited States

    Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midterms

    Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms

    · A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure

Coverage details

4 outlets from 2 countries are covering this story: The New York Times, The New Zealand Herald, MarketWatch and CNBC. The New York Times published it first, on November 4, 2026; the last outlet to join was CNBC, 34 hours later.

Key names in the coverage: SpaceX, Tesla and Elon Musk.

By country: United States (3), New Zealand (1). In total 5 articles have been published, because some outlets updated the story several times.

More news from November 4, 2026 →

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