Tesla and SpaceX Shed $420 Billion in Combined Market Valuation
Tesla and private space venture SpaceX collectively saw hundreds of billions in market value evaporate following shifting political dynamics and investor volatility. The steep valuation drop highlights the fragile balance between federal policy support, which was pivotal during both companies' early growth, and shifting public sentiment. As scrutiny mounts, analysts question how brand polarization could impact Tesla's long-term market standing.