Down $60b, and counting: The midterms’ biggest loser isn’t Trump. It’s Elon Musk
The world’s richest man invested heavily to back Republican candidates, much of it in Texas. He wasted his money and now faces obstacles to his artificial intelligence ambitions.
Covered by 3 sources from 3 countries. First reported by The Sydney Morning Herald ·
How 3 newspapers cover this story
Down $60b, and counting: The midterms’ biggest loser isn’t Trump. It’s Elon Musk
The world’s richest man invested heavily to back Republican candidates, much of it in Texas. He wasted his money and now faces obstacles to his artificial intelligence ambitions.
US Midterms: Elon Musk, 3 other tech billionaires among Trump’s biggest backers
In a remarkable turn of events, Elon Musk has become the top contributor, donating an astounding $474 million to various Republican candidates. Similarly, Larry Ellison backed Trump’s 2024 campaign with a notable but undisclosed $45 million. Additionally, Michael Dell made headlines by pledging $6.25 billion to…
Was Elon Musk the US midterms' biggest loser? – Stateside with Kai and Carter
The tech industry spent big on the midterms, but it turned out to be a poor investment. Elon Musk poured a staggering $446m dollars into Republican-aligned political action committees (Pacs) and groups since last year, but his efforts didn’t pay off. Democrats won every one of the five Senate races where Musk’s…
Coverage details
3 outlets from 3 countries are covering this story: The Sydney Morning Herald, The Times of India and The Guardian. The Sydney Morning Herald published it first, on November 5, 2026; the last outlet to join was The Guardian, 10 hours later.
Key names in the coverage: Elon Musk, Trump, Larry Ellison, Michael Dell and Texas.
By country: Australia (1), India (1), United Kingdom (1).
