Letitia James ran for New York attorney general on a single promise to destroy Donald Trump.
Now Democrats have flipped Texas – and the new attorney general already has a target in his crosshairs.
Ron DeSantis dropped a truth bomb about Texas Democrats that should terrify Elon Musk.
Nathan Johnson Has Already Named His Target
Nathan Johnson won the Texas attorney general race last Tuesday, becoming the first Democrat to hold that office since 1994.
He didn't wait until after the election to announce his plans.
https://twitter.com/EricLDaugh/status/2118082339070685207?a=NofMvsKYvJztoUR0fFs&s=20
Back in July, Johnson publicly declared he would investigate SpaceX over $110 million in state broadband grants awarded to Musk's Starlink satellite program.
The Texas broadband office awarded 99% of available grant funds to a company run by the man who was simultaneously pouring hundreds of millions of dollars into Republican campaigns.
Johnson called that arrangement one that "sure looks like" corruption – and promised to dig into it the moment he took office.
He's now taking office.
Johnson Gets the Courts, Hinojosa Gets the Permits
Texas is not just where Musk does business.
It's where his entire empire is based.
Tesla's Gigafactory sits outside Austin.
SpaceX's Starbase launch facility operates in South Texas.
And Musk announced plans last month to build Terafab – a joint Tesla and SpaceX complex in Texas designed to manufacture microchips – a project that could cost $119 billion.
That's not a business in Texas.
That's a civilizational bet on Texas remaining a friendly place to operate.
https://twitter.com/DefiantLs/status/2118126647027073112?a=o_zgrANfrwXwc0wGt8s&s=20
New Democrat Governor Gina Hinojosa has already signaled she wants a moratorium on new data center construction – a direct shot at Musk's AI ambitions.
Johnson controls the legal machinery.
Hinojosa controls the regulatory environment.
Together, they can make Texas a very expensive place to be Elon Musk.
This Is What Democrats Do With Power
This is not new.
New York AG Letitia James didn't hide it – she ran on a promise to dismantle Trump's business empire and used every tool her office had to try.
The Republican Attorneys General Association called it what it was: "abusing her power to target a political adversary."
Sixteen Republican attorneys general filed an amicus brief saying James's attempt to dissolve the NRA revealed her lawsuit was never about protecting members – it was about crushing a political opponent.
That playbook is now coming to Texas.
The difference is that Musk's exposure is concentrated in a single state in a way Trump's never was – and unlike Trump, Musk can't simply move the target.
The factories are bolted to the ground.
The launchpads don't relocate.
And the people who promised to investigate him now control every lever of state government where all of it sits.
Ted Cruz saw it coming too.
"The Democrats have already foreshadowed that if they have one or both houses, they're going to use subpoenas to go after business executives who've worked with the president, to go after Elon Musk," Cruz said before the election.
Cruz was right – and that was just the federal threat.
What This Actually Costs Musk
SpaceX shares fell nearly 4% the day after the election, closing at $135.92.
Tesla dropped 5.1%.
That's the market's first reaction – and markets are often slow to price in what's actually coming.
The deeper problem is regulatory uncertainty at exactly the wrong moment.
Musk spent $474 million backing Republican candidates this cycle – including millions specifically to protect Texas.
Democrats took it anyway.
https://twitter.com/ResisttheMS/status/2118089654012633475?a=4cUhEW7oBjW7gHW32LM&s=20
Now every dollar he invested in building that state – the factories, the launchpads, the AI infrastructure – sits inside a legal and regulatory landscape controlled by people who called his existing business dealings corrupt before they even had subpoena power.
An attorney general investigation is not just a legal problem.
It's a headline machine.
It's depositions.
It's document requests.
It's years of distraction for executives and lawyers while the company tries to build rockets and cars and AI systems.
Letitia James tied up Trump's businesses for years without ever proving a crime that sent him to prison.
Nathan Johnson doesn't need to win in court to hurt Musk.
He just needs to open the file.
Sources:
- Ron DeSantis, Press Conference Statement, November 5, 2026.
- Ted Cruz, Statement on Democratic Subpoena Threats, November 2026.
- "Texas AG Candidate Vows to Investigate SpaceX's BEAD Awards," Broadband Breakfast, July 10, 2026.
- "Texas Picks Democrat Johnson to Be State's Next Attorney General," Bloomberg Law, November 4, 2026.
- "Big Tech CEOs Could Soon Be Forced to Testify Under Oath as Democrats Take Control of Congress," Gadget Review, November 2026.
- "Republican Attorneys General Association Shreds NY AG: 'Abusing Her Power To Target A Political Adversary,'" The Daily Wire, 2020.
- "SpaceX and Tesla Are Increasing Losses Amid Democrats' Victory," UNN, November 2026.
