Tesla and SpaceX lose over $420B in combined market cap in the two days

Automated excerpt

The declines, which correlated with a broader tech sell-off, brought aggregate market cap losses for SpaceX and Tesla to over $420 billion since Tuesday's close. And in Texas, where both Tesla and SpaceX are headquartered, Democrats Sen.-elect James Talarico and Gov.-elect Gina Hinojosa beat longtime Musk allies, state Attorney General Ken Paxton and Gov. SpaceX and Tesla had lost about $456 billion in market cap by the close of business on Thursday.

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