The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $450 billion two-day wipeout

MarketWatch Thursday 05 November 2026, 19:29 UTC By William Gavin 1 min read

Key Points

Investors worry a divided Washington could derail “Elon, Inc.”

Tesla (ORG) SpaceX (ORG) Washington (LOCATION) Elon, Inc. (ORG)

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Environmental Ballot Wins

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The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $450 billion two-day wipeout

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Environmental Ballot Wins