New York Times4 Nov, 2026 06:26 PM3 mins to readElon Musk spent nearly US$500 million supporting Republican candidates in the midterm elections. Photo / Demetrius Freeman, The New York Times Elon Musk spent nearly US$500 million ($888m) supporting Republican candidates in the midterm elections, especially in his home state of Texas. After Democrats claimed sweeping victories in the midterm elections, gaining control of both houses of Congress and winning other important state races, shares of SpaceX and Tesla, which
Shares of Elon Musk’s Tesla and SpaceX tumble after Republicans are routed
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