Tesla, SpaceX lose $456B in market value after US midterm elections
Published 1 d ago4 sourcesEvidence: Reported
Elon Musk's net worth fell by $690 billion over two trading days, driven by a sharp decline in Tesla's stock price. The magnitude of the loss is unprecedented and suggests a major market repricing of Tesla's valuation, though the specific catalyst is not stated. This signals significant risk-off sentiment in high-growth equities and could have broader implications for tech-heavy indices.
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