Tesla and SpaceX lose over $420 billion in combined market value after midterms

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Elon Musk's Tesla and SpaceX lost more than $420 billion in combined market capitalization after the midterm elections, CNBC Top News reported on November 5, 2026. The report attributed the losses to the post-election period and did not give a breakdown by company or detail any specific company announcement.

Sources:CNBC Top News

1 outlet · 1 article · first seen Nov 5, 5:00 PM ET

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TSLA closed at 343.69, down 10.77%, on 2026-11-05. Listed for: ticker the story is tagged with.

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

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