World news brief
Elon Musk’s nearly half a billion dollars in midterms spending was a flop
NEWS DESKWorld
PUBLISHEDNov 5, 2026, 2:00 AM
What the source reports
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 elections, specifically targeting several key Senate races in an effort to help the Trump administration retain Republican control of…
Main source: The Guardian World
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