Tesla, SpaceX Shares Take Early Hit as Midterm Blue Wave Unfolds

(Bloomberg) -- As early results from the US midterm elections started to point toward a decisive win by Democrats, shares of prominent Republican-backer Elon Musk's companies Tesla Inc. and Space Exploration Technologies Corp. dropped in after-hours trading. Most Read from Bloomberg Morgan Stanley Offers $2.3 Billion Debt for Dell Family Deal Outback Steakhouse Franchisee Files Bankruptcy After Costs Swell Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings Court Backs DOJ in Fight Over Pressuring Election Officials When Will We Know Who's Won the Midterm Elections? Shares of both companies fell about 1.