https://www.live-feeds.com/feed/elon-musk-s-empire-braces-for-democratic-crackdownContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/elon-musk-s-empire-braces-for-democratic-crackdownhttps://www.live-feeds.com/feed/elon-musk-s-empire-braces-for-democratic-crackdown#u198619Fri, 13 Nov 2026 10:55:52 +0000Elon Musk is bracing for a potential Democratic crackdown following midterm election results that clouded data center and merger outlooks. Musk spent nearly $500 million backing Republicans in the midterms, but has little to show for the heavy spending. Consequently, Tesla and SpaceX shares extended losses, shedding more than $420 billion in combined market capitalization after the election. Tech billionaires who previously fled California for Texas now confront a shifting political landscape as state Democrats prepare to rein in Musk's corporate footprint.Why it mattersThe billionaire re