Elon Musk spent nearly $500 million on the midterms. It bought him almost nothing
Elon Musk put about $474 million into the 2026 midterms, according to a New York Times tally. (And that’s just through October 14, when the FEC and IRS filings stop. The trillionaire may have given far more in dark money.) For comparison, the world’s richest man spent an estimated $250 million to get Donald Trump elected in 2024. But this time, he has little to show for his efforts. Democrats wrested control of both the House and Senate from Republicans Tuesday night. A Forbes analysis...
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