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Elon Musk spent nearly $500 million on the midterms. It bought him almost nothing

· fastcompany.com · popularity 24/100 · 1 similar story today · Politics & Government (Politics & Government)

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Summary

Musk bet nearly $500 million on GOP candidates, but most of them—including those in the races that mattered most—lost big Tuesday night. Elon Musk put about $474 million into the 2026 midterms, according to a New York Times tally. (And that’s just through October 14, when the FEC and IRS filings …

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Same story elsewhere today

  1. Elon Musk spent nearly $500 million on the midterms and lost big-timeengadget.com