# Elon Musk bet big on Texas, but Democrats are now in charge

https://mins.news/en/video/131684

- Reuters, 2026-11-06 01:07 UTC
- Politics
- Original: https://www.youtube.com/watch?v=CLV--sBWkMY

> After Republicans suffered a landslide defeat in the US midterms, Elon Musk—who was not on the ballot—was among the biggest losers. A correction says an earlier video was removed to eliminate a reference to Musk backing 43 Republican candidates nationwide.

## Related coverage

- [Elon Musk’s nearly half-billion-dollar midterm spending was a flop](https://mins.news/en/item/129947) — The Guardian, 2026-11-05
- [Musk bet big on Texas, but Democrats are now in charge](https://mins.news/en/video/129953) — Reuters, 2026-11-05
- [Musk-backed candidates lose midterms despite financial backing](https://mins.news/en/video/129685) — France 24 English, 2026-11-04
- [Musk-backed candidates lose midterms despite financial backing](https://mins.news/en/item/129703) — France 24, 2026-11-04
- [Musk jokes about defeats after record spending on Republican candidates](https://mins.news/en/item/128997) — Al Jazeera, 2026-11-04
- [Tesla, SpaceX shares fall early as US midterm blue wave takes shape](https://mins.news/en/item/128391) — Bloomberg News, 2026-11-04