Tesla and SpaceX Shares Fall in Early Trading as Democrats Win Both Chambers

Tesla fell 5.6% and SpaceX 7.6% in early trading on November 4, 2026, as Democrats won control of both the U.S. House and Senate, according to MarketWatch. SpaceX and Tesla are exploring a merger, but neither has announced a deal. Investors are pricing a possibility, not a transaction. Early prices can move as the session deepens.