PoliticsAfter a US$474 million political gamble fails, what lies ahead for Musk’s Tesla, SpaceX and China ties?

Elon Musk wagered nearly US$474 million on political spending to keep Washington supportive of his business empire. Democrats’ recapture of Congress in Tuesday’s midterm elections left that bet unsuccessful and the political landscape abruptly changed. Musk had given a record amount to political groups, overwhelmingly backing Republicans, while a divided Washington is now keen to scrutinize his…

Elon MuskUS midterm electionspolitical spendingTesla

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SSouth China Morning Post★★★☆☆2026-11-05 15:00Original