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Market Impact: 0.35

SpaceX Declines 6%, Tesla Falls 5% as Democratic Sweep Raises Merger and Regulatory Risks; General Motors Rises 2%

Source: 247wallst.com

Elections & Domestic PoliticsMarket Technicals & Flows
SpaceX Declines 6%, Tesla Falls 5% as Democratic Sweep Raises Merger and Regulatory Risks; General Motors Rises 2%

SpaceX shares were down 6% at $133.03 in morning trading as Democrats’ projected sweep of Congress weighed on the company and another trillion-dollar company. The excerpt does not identify the second company or explain the reason for the market reaction.

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