The Business Fallout From a Blue Tidal Wave
5 Articles
5 Articles
The Republicans losing their majority in Congress in the US midterm elections could negatively impact the companies of technology billionaire Elon Musk. According to the Wall Street Journal (WSJ), Musk donated more than $440 million in total to the campaigns of Republican candidates running in the midterm elections. Musk, who lives in Texas, spent at least $150 million to support Republican Senatorial candidate Ken Paxton's campaign in that stat…
Trump's presidential term doesn't end for two years.But the radical political change against technological titans like Elon Musk begins now.For Musk, the $446 million he spent to elect Republicans in the mid-term elections wasn't much.They represented about a twentieth of one percent of his net worth.Perhaps in the political world, it looked like a tsunami.But, in the end, it was Elon Musk who drowned in the waveA blue wave that hit the United S…
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