Musk's Record Midterm Spending Ends in Republican Defeats and Falling Stocks
Democrats won both chambers of Congress despite Elon Musk's massive Republican spending, leaving his companies facing falling shares and the prospect of congressional investigations.
Read the full story → · Latest coverage 5 Nov 2026, 0:48 am UTC
Chapters · 2
Key moments · 8
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 ↗









