SpaceX shares tumble over 9% as US tech and AI stocks plunge after Democratic midterm sweep
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SpaceX and Tesla stocks experienced a sharp decline on Thursday. This drop happened alongside a wider sell-off in AI and technology shares. The market reacted to midterm victories for the Democrats. Investors also expressed concerns regarding the regulation of data centers.
SpaceX and Tesla stocks fell sharply on Thursday, dragged down by a broader sell‑off in tech and AI shares following the Democrats' midterm victories and concerns over data‑centre regulation.