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Elon Musk’s nearly half a billion dollars in midterms spending was a flop

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The tech billionaire set spending record as he poured $446m into campaigns for failed Republican candidates Elon Musk set a record for election spending this year after pouring nearly half a billion dollars into backing Republicans in the US midterm elections . It turned out to be a poor investment. The SpaceX and Tesla CEO contributed at least $446m to Republican-aligned Super Pacs and groups over the course of the elections, specifically targeting several key Senate races in an ef

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Elon Musk’s nearly half a billion dollars in midterms spending was a flop
Nick Robins-Early · 11/5/2026, 2:00:50 AM
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