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BusinessUpdated 1 hr ago

Musk's $470 million political bet: Why Tesla, SpaceX's Texas expansion faces a regulatory test after US midterms

Mint6 November 2026 at 8:05 am IST
Image: Mint

Elon Musk's $470 million bet on Republicans has raised questions over Tesla and SpaceX's Texas expansion after Democrats won the US midterms. Investors fear tighter data-centre regulations could delay projects, increase costs and complicate a potential merger.

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