After Democrats scored a sweeping victory in the congressional midterm elections, some on Wall Street believe Elon Musk could face political retaliation risks, though they also judge he will most likely remain protected.
For investors putting money into SpaceX (SPCX), which Musk heads, this may amount to a chance to buy the dip.
Hit by the November 3 election results, SpaceX (SPCX) shares fell nearly 13% across Wednesday and Thursday, before rising 6% in early trading on Friday.
Related tickers under watch include Destiny Tech100 Inc (DXYZ) and the Direxion Fallen Knives ETF (NIFE).
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