Elon Musk lost about $30 billion after the preliminary results of the midterm elections for the US Congress were announced, the FT reports. In early trading on the US stock market, SpaceX and Tesla fell 3.5% and 2.8%, respectively. The Washington Post noted that the entrepreneur invested a record $446 million in Republican political action committees.

Elon Musk lost about $30 billion after the preliminary results of the midterm elections for the US Congress were announced, the FT reports. In early trading on the US stock market, SpaceX and Tesla fell 3.5% and 2.8%, respectively. The Washington Post noted that the entrepreneur invested a record $446 million in Republican political action committees.