The Tesla CEO had also helped elect US President Donald Trump and spent over a quarter of a billion dollars to help him win the 2024 presidential elections.
Elon Musk, who reportedly spent approximately $250 million supporting the Republican Party’s congressional campaigns, has reacted to the midterm results.
Elon Musk spent nearly $474 million backing Republicans in the 2026 US midterms. After Democrats won Congress, he joked about space lasers and data centres.
Musk donated over $200 million to Republican Ken Paxton’s campaign, just to see him lose to the Democrat
Elon Musk has donated around $445.6 million to Republican political causes in the current election cycle, making him the biggest donor in the 2026 midterms.
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