00:00Elon Musk's business empire could face greater scrutiny after Democrats made major gains in the U.S. midterm elections.
00:07The billionaire spent nearly half a billion dollars backing Republicans but failed to prevent a Democratic sweep of Congress.
00:15This political setback extends to Texas, a long-time Republican stronghold and a major base for Musk's businesses.
00:25Texas flipped to blue after Democrat James Tellerico won the Senate seat.
00:30Texas is a major base for Musk's businesses, with large operations and further expansion planned.
00:36His companies, including Tesla, SpaceX, and social media Platform X, could now face greater scrutiny from a Democratic-controlled Congress.
00:45Gina Hinojosa also defeated Greg Abbott to become the state's first Democratic governor in more than three decades.
00:52She has called for a halt to new data center projects until local communities have stronger protections.
00:58That could slow SpaceX's plans to expand its artificial intelligence capacity.
01:03In Washington, Democrats will have greater powers to investigate Musk's companies.
01:08Lawmakers have already raised questions about the government contracts and subsidies they receive.
