Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk vowed to track down whoever is pulling the strings behind his critics, after a report that Democrats may investigate him if they win Congress.
Vows to Go After ‘Who Is Really Pulling the Strings’
‘Live by the sword, die by the sword,’ Musk said in a post on X Wednesday.
He added that those who pick fights with him should understand that he will find out “who is really pulling the strings” and “come for them, not just their puppets.”
Democrats Eye Probes Over Starlink Slowdown
A report by the Politico said that Democrats have long eyed investigating Musk and may get the chance if they win back Congress in November.
Some Democrats want to investigate Musk’s possible role in throttling Starlink access for Ukraine’s military last week.
Sen. Adam Schiff (D-Calif.) called for a full Senate investigation and for Musk to testify under oath, pointing to the conflict between Trump, who has denied ordering any restrictions, and Musk, who has said the military and the president decide them.
Democrats also want to examine Musk’s role in cutting more than 250,000 federal jobs at DOGE, withholding congressionally appropriated money and accessing sensitive government data, according to Politico.
Polymarket traders give Democrats a 92% chance of winning the House and a 67% chance of taking the Senate in the Nov.3 midterms.
Targets on Musk’s Net Worth
Democrats have also targeted Musk’s fortune, with Sen. Bernie Sanders (I-Vt.) accusing him of spending $366 million to keep Republicans in control of Congress, urging a push to ‘STOP OLIGARCHY’ and backing California’s proposed one-time 5% billionaire tax ahead of a Nov. 3 decision.
Rep. Maxine Dexter wants to shut down the practice of billionaires and trillionaires, Musk among them, using government contracts to subsidize their own companies.
Price Action: Shares of SpaceX closed 7.79% higher on Wednesday at $159.31 and lost 1.64% in extended trading to $156.70.
Benzinga Edge rankings indicate SpaceX’s stock has a positive price trend in the short, medium, and long term.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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