https://www.live-feeds.com/feed/elon-musk-staked-his-empire-on-texas-now-state-democrats-want-to-rein-him-inContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/elon-musk-staked-his-empire-on-texas-now-state-democrats-want-to-rein-him-inhttps://www.live-feeds.com/feed/elon-musk-staked-his-empire-on-texas-now-state-democrats-want-to-rein-him-in#u191352Tue, 10 Nov 2026 13:57:19 +0000Elon Musk faces intense political blowback in Texas following the midterm elections, where state Democrats are moving to rein in his business empire. Musk spent nearly $500 million trying to keep Texas red, but those campaign efforts fell flat. In the aftermath, Tesla and SpaceX suffered steep market capitalization losses exceeding $420 billion combined. Texas Governor-Elect Gina Hinojosa has signaled closer scrutiny of Musk and his operations in the state, while protesters and critics reacted strongly to the election results outside his Austin home.Why it mattersThe billionaire tech executive