Elon Musk's Tesla and SpaceX Lost More Than $420 Billion in Combined Market Value in Two Days After Democrats Swept the Midterms, With Investors Fearing New Congressional Probes. Here's Why That Political Risk Matters for Shareholders

Tesla and SpaceX are both significantly exposed to regulatory risks. Both companies are looking to tap into massive opportunities.

TC Trade Conquest Newsroom November 14, 2026 ·1 min read

Key takeaways

Given the nature of their businesses, Tesla and SpaceX's exposure to political risk won't subside anytime soon.
In the days following the U.S. midterm election, they shed a combined $420 billion in market value.
The former trades at 48.4x forward earnings, while the latter trades at 159.5x forward earnings.

Tesla and SpaceX are both significantly exposed to regulatory risks. Both companies are looking to tap into massive opportunities.

See the latest quote, chart and news for TSLA.

Want trade ideas like this in real time? Subscribe to Trade Conquest.