12 Hrs
Source:
الجزيرة نت
Source: الجزيرة نت
12 Hrsالجزيرة نت
Source: الجزيرة نت
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After reclaiming majorities in both chambers of Congress in the November 3 elections, Democrats are preparing to launch investigations into Elon Musk’s business dealings. Chief among them are SpaceX’s military contracts and the U.S. military’s reliance on the company, as well as Musk’s role in national security matters and his companies’ activities in Texas. Potential areas of scrutiny include government grants to Starlink, Tesla’s plans for self-driving taxis, AI safety and data centers. Democratic officials in Texas are also seeking to make public 1,374 pages of correspondence between Musk and Governor Greg Abbott. Musk spent at least $475 million backing Republican candidates, most of whom lost; candidates who lost accounted for more than 99% of the traceable spending in their support. Tesla’s and SpaceX’s market values fell by about $460 billion over the two days after the elections, amid investor concerns about the impact of investigations and possible restrictions on Musk’s businesses.
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