Politics 50 sources · over 10 days 131 articles

Musk's Nearly $500 Million Midterm Push Ends in Republican Defeat

Democratic victories in Congress and Texas have left Elon Musk facing promised investigations and steep losses in his companies' market value after an extraordinary political spending campaign.

Read the full story → · Latest coverage 9 Nov 2026, 4:59 pm UTC

Chapters · 4

  1. 1Musk's Texas Election Spending Fails to Stop Democrat James Talarico
  2. 2Musk's Record Midterm Spending Ends in Republican Defeats and $420 Billion Stock Losses
  3. 3Musk's Nearly $500 Million Midterm Push Ends in Republican Defeats
  4. 4Musk's Nearly $500 Million Midterm Push Ends in Republican Defeat

Key moments · 16

Ten megadonors spend a combined billion dollars on midterms

MarketWatch ↗

Musk's political contributions reach a reported record $474 million

The Next Web ↗

Democrats capture both chambers in the midterm elections

The Hindu ↗

Texas coverage details Talarico victory despite Musk spending

The Independent ↗

Musk jokes about space lasers after Republican defeats

Axios ↗

Reid Hoffman criticizes Musk's massive campaign spending

Forbes - Business Business & Economy ↗

Tesla and SpaceX shares fall in premarket trading

Business Insider ↗

Musk reportedly deletes election day appeal supporting Republicans

The Daily Beast Latest Articles ↗

Musk deletes post after Republicans lose both chambers

Top World News- News18.com ↗

Tesla and SpaceX lose $130 billion in a day

NDTV Top Stories ↗

CNN details Musk's Texas spending and Talarico's win

cnn.com ↗

Musk deletes posts urging votes for Republicans

Times of India ↗

Coverage details Musk's nearly $500 million campaign effort

NYTimes.com Home Page (U.S.) ↗

Democrats in Texas effectively ran against Musk

Financial Times ↗

Broader AI stock plunge cuts Musk's wealth by $80 billion

Business Insider ↗

Saturday Night Live portrays Musk after Texas midterm losses

The Hollywood Reporter ↗

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  1. Alas, poor Elon
    Financial Times

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