Elon Musk faces Democratic pushback after Texas flips blue

Elon Musk suffered major losses in the U.S. midterms as Democrats swept Congress and Texas elected its first Democratic governor in over three decades, despite his nearly half-billion-dollar spending on Republican candidates. Musk, who backed Donald Trump and urged voters to support Republicans, now faces a resurgent Democratic Party he has long antagonized. His companies Tesla and SpaceX saw shares fall over 5 percent, with analysts predicting tighter regulatory scrutiny on AI and data centre projects. Democrats have signaled probes into Musk's government contracts and Ukraine satellite communications. Incoming Texas Governor Gina Hinojosa has called for halting new data centres and opposed a state park sale to SpaceX, threatening Musk's expansion plans.