Elon Musk’s nearly half a billion dollars in midterms spending was a flop
The tech billionaire set spending record as he poured $446m into campaigns for failed Republican candidates Elon Musk set a record for election spending this year after pouring nearly half a billion dollars into backing Republicans in the US midterm elections.
Key points
- Democrats are likely to launch investigations into Musk's influence, including his leadership of DOGE and government contracts.
- He outdid his own 2024 spending of nearly $290m.
Yet as Democrats swept to power across the country on Tuesday night, it became clear that Musk would get nearly nothing in return for his hundreds of millions in spending.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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