PoliticsMusk-backed candidates lose midterms despite financial backing

Name: Musk-backed candidates lose midterms despite financial backing
Uploaded: 2026-11-04T21:06:48.000Z
Description: Tesla and SpaceX shares fell after Democrats swept the US midterm elections. Elon Musk, the companies’ founder, put more than $440 million into Republican candidates and causes, making him the election cycle’s biggest donor, but his preferred candidates lost races in Texas and elsewhere.

Tesla and SpaceX shares fell after Democrats swept the US midterm elections. Elon Musk, the companies’ founder, put more than $440 million into Republican candidates and causes, making him the election cycle’s biggest donor, but his preferred candidates lost races in Texas and elsewhere.

People in this report Elon Musk

France 24 English 2026-11-04 21:06