Texas Governor-Elect Gina Hinojosa Signals Pro-Business Stance Toward Elon Musk's Companies
Following her election victory in the 2026 Texas midterm elections, Democrat Gina Hinojosa has addressed concerns regarding potential regulatory headwinds for big tech and space industries. While Hinojosa campaigned on slowing the pace of new data center developments to establish protections for local electricity costs and water consumption, she clarified in a CNN interview that her administration remains pro-business. For SpaceX (SPCX), which operates its Starbase facility in South Texas, the news mitigates initial investor fears of regulatory friction. Hinojosa explicitly expressed a willingness to work alongside Elon Musk, suggesting that while new data center projects may face stricter oversight and permitting requirements, existing operations and broader industrial growth are not under immediate threat.
Topics: Data Center Regulation Elon Musk Political Risk SpaceX Texas Midterm Elections