Elon Musk's $200 million Texas political spending falls short as Democrats win
Musk-backed candidates lost key Texas races despite heavy spending in the midterms.
Read at The Verge →Full coverage · 15 outlets
- The Verge · lead
- NPRElon Musk will face scrutiny from Democrats after midterms
- Fortune'He basically gets to steer a political party': Elon Musk is $474 million poorer post-election, but it may not have deterred his influence on 2028
- shattered.ioMusk Spent $474M; Tesla Fell 5%, SpaceX 7% [2026]
- The Texas TribuneJames Talarico defeats Ken Paxton in Texas’ U.S. Senate race
- BigGo FinanceMusk's approximately $477 Million Election Bet Backfires; Democrats Who Took Texas Set Sights on His AI Empire
- Ticker NewsElon Musk’s companies fell after Republican election losses
- DawnBig money flops as Democrats sweep US Congress
- ABC NewsRepublicans emphasize transgender ads, putting cultural issues over voters' economic anxiety
- Time MagazineMidterm Ad Spending Has Surpassed $10B. Where Is the Money Coming From?
- CNBC5 midterm election takeaways: Tech billionaires suffer as Democrats drub Republicans
- The New York TimesInside Elon Musk’s $276 Million Midterm Rescue Mission for Republicans
- The IndependentElon Musk’s return on his nearly $500M in election spending is MAGA losing its power
- The Times of IndiaElon Musk's nearly $500 million US midterm gamble backfires: Tesla, SpaceX stocks take a hit
- Erin In The MorningA Stunning Rebuke Of Anti-Trans Politics: Republicans Spent $200 Million Attacking Trans People And Lost Everything