Summary
The article says Texas voters elected Democrat Gina Hinojosa governor and gave Democrats control of the state House, raising questions about state support for Elon Musk’s companies. Hinojosa has pledged to halt data center approvals until lawmakers pass protections, while Musk’s companies employ more than 20,000 people in Texas and rely on state incentives and policies.Key Facts
- Gina Hinojosa won the Texas governor’s race, according to the article, becoming the first Democrat elected to the office since Ann Richards in 1990.
- Democrats won every statewide executive office and flipped the Texas House, the article reports.
- Elon Musk spent nearly $500 million on Republican groups nationally, including at least $168 million on ads supporting Ken Paxton’s Senate campaign.
- Hinojosa has pledged to freeze data center approvals until the Legislature passes laws to protect Texans.
- Musk’s companies employ more than 20,000 people in Texas, where SpaceX builds and launches its Starship rocket.
- The article reports that Texas provided Musk’s companies with tax incentives and grants, including more than $54 million in grants to SpaceX counted in a Hinojosa lawsuit.
- SpaceX shares fell 3.8 percent and Tesla shares fell 3.3 percent on Wednesday, while the broader market rose.
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