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Elon Musk's Political Investments and Their Impact on Tesla and SpaceX After the Midterms

Elon Musk's Political Investments and Their Impact on Tesla and SpaceX After the Midterms

How Elon Musk frittered away nearly US$500 million on the midterms
How Elon Musk frittered away nearly US$500 million on the midterms

Elon Musk spent nearly US$500 million on the midterms, but his Republican-backed candidates lost in Texas and elsewhere.

Elon Musk Staked His Empire on Texas. Now State Democrats Want to Rein Him In.
Elon Musk Staked His Empire on Texas. Now State Democrats Want to Rein Him In.

Musk has big plans for Tesla and SpaceX in the Lone Star State, and now faces a blue wall of opposition.

SpaceX director Donald Harrison resigns from board a day after US election
SpaceX director Donald Harrison resigns from board a day after US election

Harrison, who joined SpaceX's board in 2015 as part of Google's investment, stepped down on November 4. The exit comes as independent directors of SpaceX and Tesla consider a potential merger

Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midterms
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
A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure

Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake.

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