Elon Musk jokes about GOP election defeat after spending record sums on party
Musk mocked the losses after spending about $474 million on Republican races, while Democrats won both chambers and key Texas contests.
- On Wednesday, billionaire Elon Musk posted sarcastic remarks on X about Democratic victories in the 2026 midterm elections, quipping, "Guess my election-interfering space lasers didn't work this time."
- Democrats seized control of Congress on Tuesday, winning 233 seats in the 435-seat House and 54 seats in the 100-seat Senate, marking a major reversal in Washington's balance of power.
- Musk spent approximately $250 million to support Republican campaigns, yet Democrat James Talarico defeated Republican Ken Paxton in the Texas Senate race, delivering Democrats a breakthrough in a traditionally conservative state.
- Shares of Tesla Inc. and Space Exploration Technologies Corp. fell approximately 1.8% in post-market trading on Tuesday, while Democrats plan to challenge President Donald Trump's legislative agenda over his remaining two years.
- The electoral shift threatens the policy environment for AI and data centers, with Musk suggesting "Data centers in space looking pretty appealing right now" as a potential response to regulatory uncertainty.
250 Articles
250 Articles
Musk had spent $500 million on the Republican campaign. A Democratic victory could put a damper on Musk's plans for new data centers. The post Half a billion in donations wasted – Elon Musk is the big loser of the US election appeared first on in.gr.
Elon Musk suffers midterm blow as SpaceX, Tesla plummet: ‘My election-interfering space lasers didn’t work’
Elon Musk suffered a significant blow as Dems won big in the midterms – including pivotal seats in Texas – in spite of millions of dollars he poured into campaigns for Republicans he hoped would green light his ambitious data center projects.
Musk's political spending, much of which targeted state of Texas, failed to deliver expected results as Republicans suffered major setbacks
Donald Trump's failure in the US mid-term elections is also that of Elon Musk. The richest man in the world injected nearly half a billion dollars to support Republican candidates, who were severely beaten Tuesday, November 3rd in the ballot box. Wednesday, November 4, Elon Musk, appeared ironic in the face of the series of staggering setbacks for Republicans, considering that his "space lasers in the elections did not work this time".
Elon Musk Spent $474 Million on the 2026 Midterm Elections. On Election Day, He Fell Silent.
The richest man in the world pumped nearly half a billion dollars into the midterms, the most ever spent by a single donor during an election cycle in which they were not, themselves, running. But on Election Day, Elon Musk focused on his AI agent, not the races he’d funded.
Westfalenpost
Elon Musk invested hundreds of millions of dollars in the Republican campaign. After their defeat, the tech billionaire reacts with ridicule.
Coverage Details
Bias Distribution
- 41% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
