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Elon Musk's $500 Million Bet on Midterms Backfires as Democrats Gain Ground

Elon Musk's $500 Million Bet on Midterms Backfires as Democrats Gain Ground

Elon Musk Spent Rs 4,700 Crore On Midterms. Now Democrats May Come For His Empire
Elon Musk Spent Rs 4,700 Crore On Midterms. Now Democrats May Come For His Empire

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.

‘My election-interfering space lasers didn’t work’: Elon Musk roasts own spending as Democrats sweep Congress
‘My election-interfering space lasers didn’t work’: Elon Musk roasts own spending as Democrats sweep Congress

Elon Musk, who reportedly spent approximately $250 million supporting the Republican Party’s congressional campaigns, has reacted to the midterm results.

Half A Billion Down The Drain? Why Musk Is Suddenly Talking 'Space' After Republicans' Midterm Rout
Half A Billion Down The Drain? Why Musk Is Suddenly Talking 'Space' After Republicans' Midterm Rout

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.

Trump frenemy Elon Musk spent nearly $500M on the election - all he got out of it was MAGA losing its power
Trump frenemy Elon Musk spent nearly $500M on the election - all he got out of it was MAGA losing its power

Musk donated over $200 million to Republican Ken Paxton’s campaign, just to see him lose to the Democrat

Elon Musk Donates Nearly Twice What George Soros Gave In 47 Years In US Midterms
Elon Musk Donates Nearly Twice What George Soros Gave In 47 Years In US Midterms

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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