SpaceX (SPCX) and Tesla (TSLA) shares each fell roughly 9% on Thursday after Democrats won control of the House and Senate. Investors worried about regulatory hurdles to US data center buildouts and to a possible SpaceX/Tesla merger. Yorkville's Dan Ives said a merger faces a much tougher regulatory path to be completed in 2027, and that data center growth into 2028 will moderate significantly, especially in Texas. Goldman Sachs analysts said Democratic wins at state and local levels could lead to short-term data center moratoria, potentially affecting about 45% of planned US data center capacity expansion.
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TSLASpaceXmergers and acquisitionsdata centersDemocratic Party
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TSLA
▼ Likely negativeTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/04/2026 | 385.30 |
| Change that session | -3.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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