SPACE X is trading 5.6% down now at BRL 48.52, with reports linking the decline to election-related political risk after Democrats’ midterm sweep.

  • Reports on November 4 cited investor concerns about tighter scrutiny of AI, government contracts, and a potential Tesla–SpaceX merger.
  • Reuters reported shares down around 4.5% to 5% on Europe’s Tradegate as broader markets recovered.
  • Prior close was BRL 51.40 on November 3; no trading-volume information was provided.