SpaceX is trading 4.17% down at $135.42 in pre-market, as overnight coverage linked weakness to election-related concerns about political scrutiny and tougher oversight. - Democratic midterm gains heightened concerns about scrutiny of Elon Musk’s businesses and oversight of AI and data infrastructure. - The decline follows strong third-quarter results and plans to expand AI compute, which do not clearly explain the move; broader U.S. futures were modestly higher.