This is the biggest loser of the US election. He didn't even start

For the first time in over thirty years, Texas, considered an unconquerable Republican stronghold, elected a representative of the Democratic Party as governor. Gina Hinojosa, who defeated incumbent Gov. Greg Abbott, is announcing a new course for the state.

Risk for Musk's empire - the stock market reacts with declines

Although he did not run in the elections, Elon Musk found himself at the center of the political earthquake. The billionaire owner of Tesla, SpaceX and numerous other technology ventures invested almost half a billion dollars in the Republican campaign, hoping to maintain conservative dominance in Texas. Musk openly urged his followers to vote for Republicans, and Texas was said to be a key element of his business strategy.

Meanwhile, voters decided otherwise. Democrats won not only the governor's seat, but also both houses of Congress.

The election results immediately affected the stock prices of Musk's companies. SpaceX shares fell 5.5% and Tesla lost 5.1%. values, clearly lagging behind the broader market. Investors fear that the new administration in Texas and a Democratic majority in Congress could mean increased scrutiny of technology projects, especially those related to data centers and artificial intelligence.

Experts predict that Democrats will seek to tighten regulations on the construction of new data centers. Local communities are already protesting more and more loudly against the rising energy costs generated by these gigantic investments.

The new governor announces a tough course towards Musk

Gina Hinojosa, the new governor of Texas, has already criticized the state government's relationship with Elon Musk. During the election campaign, she accused the previous governor of "selling the state" to a billionaire, offering him preferential conditions for his companies. Hinojosa has already announced that it does not intend to continue this policy and demands an immediate halt to new data center projects until stronger protections for local communities are introduced and tax breaks for large corporations end.

Among the projects that may be blocked is the expansion of the SpaceX complex in Boca Chica, where additional data centers and technological infrastructure are planned to be built. Hinojosa also strongly opposes the possible sale of public lands to Musk's private investments.

Robert Garcia, who is expected to head the House Oversight Committee, has already warned Republicans and their allies: "Hire lawyers."

The future of SpaceX and Tesla is in doubt

Musk's ambitious plans assume almost doubling the computing power of SpaceX data centers from 1.7 to 3 gigawatts this year, and up to 13 gigawatts next year. Any delay in the implementation of these investments may mean serious problems in achieving the assumed financial goals and increase pressure from investors.

Additionally, Democrats are already announcing increased control over Musk's activities. Topics that may come under the microscope of the Congress include: restrictions on access to satellite communication links used by Ukraine, mass layoffs in the billionaire's companies, and government contracts and subsidies for his ventures.

Musk commented on the prospect of restrictions on data centers on X, saying: "Data centers in space are starting to look quite attractive." He also removed a previously published appeal to vote for Republicans.