Hinojosa has questioned a $1.66 billion tax break for Musk’s $16.8 billion Terafab chip plant, and Democrats now control the Texas House.

Elon Musk renewed his pitch for space-based artificial intelligence data centers following Democrat Gina Hinojosa’s victory in Texas, where her proposed restrictions on new facilities have raised concerns about the future of AI infrastructure development.

Musk suffered the worst losses of any billionaire Thursday as SpaceX and Tesla shares fell.

The richest man alive says we need more than a ‘universal basic income’

Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms

The government job-slashing project is accused of breaking federal rules. With Democrats winning control of Congress, probes of the controversial initiative are likely.

The billionaire tried to play takesies-backsies with his plea after results poured in from across the nation.

The entrepreneur, who first announced his investment in July, spent more than half of that money on Texas candidates