Musk's Nearly $500 Million Midterm Push Ends in Republican Defeats
Democratic victories in Congress and Texas have left Musk facing possible investigations, while Tesla and SpaceX suffered steep stock losses after his massive Republican spending push.
Read the full story → · Latest coverage 8 Nov 2026, 1:58 am UTC
Chapters · 3
Key moments · 15
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 ↗











