SpaceX, Tesla and defense stocks fall after midterm election results
Key points
- Benzinga reports that SpaceX, Tesla and defense stocks moved lower after the midterm election results.
- The outlet says the selloff was tied to a "blue sweep" affecting the so-called Trump trade.
According to Benzinga, SpaceX, Tesla and defense stocks sank after the midterm election results. The outlet said the market reaction hit the so-called Trump trade following what it described as a blue sweep. Benzinga did not provide additional details in the preview text.
Original reporting
This page summarizes reporting by Benzinga, originally published November 4, 2026 at 1:12 PM under the headline "Midterms' Blue Sweep Hits the 'Trump Trade': SpaceX, Tesla and Defense Stocks Sink". All rights to the original article belong to Benzinga.
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