Changes in US stocks | Musk may be “settled in the fall” by the Democratic Party, Tesla and SpaceX stock prices both plummeted

The Zhitong Finance App learned that Tesla (TSLA.US) and SpaceX (SPCX.US) fell more than 8% on Thursday. Analysts believe Tesla is promoting autonomous driving, robotaxi, and humanoid robot businesses; SpaceX continues to expand investment in Starlink networks, commercial space, and AI computing infrastructure. These businesses have long-term growth potential, but they also require continued capital investment. Actual development depends on technological progress, project approval, and speed of commercialization. As a result, the market is not only concerned about the current revenue and profits of the two companies, but also whether future growth can be realized. As investors begin to worry about changes in the regulatory environment, a slowdown in project progress, or an increase in capital expenditure, the company's valuation may come under pressure ahead of time.

A number of Democratic lawmakers spoke out in advance and are preparing to use congressional supervisory powers to launch a series of investigations. Highlights include:

DOGE (Ministry of Government Efficiency) Related Disputes: Check whether Musk led DOGE's compliance with the procedures for large-scale abolition of federal employees and budget cuts during Trump's term, and whether he exceeded authority and used executive power in violation of regulations.

Starlink (Starlink) Incident: During the investigation of the Russian-Ukrainian conflict, Musk unilaterally restricted the Ukrainian military's access to Starlink. Democratic lawmakers' core question is whether private business owners should not control the decision-making power of defense communications infrastructure heavily purchased by the federal government; there are hidden national security risks Caixin.

Federal contract and subsidy review: Full review of large orders from NASA, the Pentagon, and SpaceX, as well as new energy subsidies and tax credits received by Tesla, and check contract terms, qualifications, and benefits transfer risks.

Political donations and the X platform (originally Twitter) election policy: checking compliance boundaries for huge political funds, and content traffic manipulation issues on X platform during the election cycle.