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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.
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234 Articles

El PeriódicoEl Periódico
+2 Reposted by 2 other sources
Center

Elon Musk has set aside $474 million to support Republicans who were playing their part in the mid-term elections in the United States. Although for the richest man in the world that amount is calderilla, for the country it is the largest contribution in history. However, even that allud of money has not managed to hinder the Democratic wave that has taken control of the legislative power away from those of Donald Trump, which shows the failure …

·Barcelona, Spain
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Center

Despite the record spending on supporting Republican candidates in the mid-term elections, the billionaire suffered a historic setback in the face of democratic victories.

·France
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Lean Left

Hundreds of millions of dollars... for nothing. Donald Trump's and Republicans' defeat in the US mid-term elections is also that of Elon Musk and massive campaign financing supposed to have a profound impact on voters.

·Montreal, Canada
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Perfil broke the news in Buenos Aires, Argentina on Monday, November 2, 2026.
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