Business · 7 hours ago
Elon Musk's SpaceX Shares Fall Over 9%
Photo by Rafael Minguet Delgado on Pexels
Elon Musk's SpaceX shares fell more than 9% by Thursday lunchtime, and Tesla dropped more than 11%. Losses dragged the Nasdaq down over 5% at one point. Selling followed Democrat wins in states hosting many data centres, including Texas, amid talk of tougher checks on new sites and on artificial intelligence. Some technology bosses said they must explain the benefits of those centres more clearly.
Reported by BBC · How we write briefs