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world · The Guardian

Elon Musk’s nearly half a billion dollars in midterms spending was a flop

Thursday, November 5, 2026 · 2:00 AM

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 . It turned out to be a poor investment. The SpaceX and Tesla CEO contributed at least $446m to Republican-aligned Super Pacs and groups over the course of the

This dispatch was composed for The Fennark Chronicle from a public news wire. The original publisher holds the full report; Fennark reprints the lead for this edition's page.

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