Elon Musk’s estimated net worth slid over 9% on Thursday. It tumbled as Democrat-dominated midterm elections sparked a tech stock rout that has dented many ... Show more
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Trump blames Democrats winning midterms for US stocks fall: 'The Stock Market crashed today because the Dumocrats had a big Tuesday — So sad to see ...
ewn.co.za/2026/11/06/trump-blames-democrats-winning-midterms-for-us-stocks-fall
Tech titans like Musk, Huang took $150B wealth hit from AI stock rout: Elon Musk's net worth tumbled by about $80 billion or 9% in one day as Tesla and SpaceX ...
businessinsider.com/musk-huang-ellison-dell-tech-billionaires-wealth-ai-stocks-crash-2026-11
Key FactsNine tech leaders lose $152 billion in one-day market rout
7 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- The Nasdaq 100 fell more than 6%, recording its worst trading day since the COVID-19 pandemic.
- Investors sold tech shares, expecting curbs on AI and data-center spending after Democrats won control of both chambers of Congress.
- On Thursday, Tesla shares fell 11% and SpaceX shares 9%; Musk’s net worth declined by more than 9%.
- At 6:30 a.m. ET on Friday, Nvidia, SpaceX, and Oracle shares were higher in premarket trading; several tech leaders could recoup some losses.
Paid articlePaywall Wall Street sheds $3.2tn as Democratic midterm sweep triggers brutal AI rout : Tech-heavy Nasdaq 100 tumbles 6.4% in day of chaotic trading
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Elon Musk Is Biggest Billionaire Loser In Midterm Tech Rout: Musk suffered the worst losses of any billionaire Thursday as SpaceX and Tesla shares fell.
forbes.com/sites/antoniopequenoiv/2026/11/05/elon-musks-fortune-drops-80-billion-amid-tech-stock-rout/
Tech Rout Wipes Out $2.5 Trillion, With AI Investors Anticipating Heavier Scrutiny From Dems
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India bucks Asia tech rout as oil slide reverses market fortunes: Indian shares advanced on Friday, as signs of sustained foreign inflows and lack of major AI ...
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Paid articlePaywall Japan and Korea tech stocks sink amid global AI rout : ‘Complete carnage’ as Nikkei 225 falls below 60,000 points for first time since May with Seoul’s Kospi ...
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Paid articlePaywall Trump insists he’s ‘100% in favour’ of AI as market rout deepens
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Paid articlePaywall Markets live: Asia shares sell off after Nasdaq 100 drops most since pandemic : Investors fear newly elected US politicians will seek to slow data centre ...
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KOSPI rallies over 2% as investors look past US tech rout: KOSPI rose more than 2 percent Monday, as institutional buying helped stocks rebound from early losses ...
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Neocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death'
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Paid articlePaywall Investors Snap Up Treasuries During Tech Rout, Driving the Yield Below 5%: Despite a growing budget deficit, U.S. Treasuries remain the ultimate safe haven in ...
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World's Richest Lose $50 Billion Amid Tech Stock Rout And Hot Inflation Report: SpaceX CEO Elon Musk’s net worth fell by over $17 billion on Wednesday morning.
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Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout: SpaceX pulled off a successful launch last Friday evening at its Starbase facility ...
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Samsung Electronics, SK Hynix shares tumble over 7% as chip rout spreads from Wall Street
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South Korea's 'Black Tuesday'- Why KOSPI suffered its worst-ever points decline
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Paid articlePaywall Will the IT consulting share price rout ever end?: Accenture made a fortune from previous tech revolutions but investors think AI could kill it ...
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