Musk-backed candidates lose midterms despite financial backing

Elon Musk contributed over $440 million to Republican candidates, yet those candidates lost their midterm races in Texas. Following the Democratic sweep of the U.S. midterm elections, shares of Musk’s companies Tesla and SpaceX fell, reflecting the financial backing’s lack of electoral success.

Source: Musk-backed candidates lose midterms despite financial backing — France 24

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Topics: elonmusk · midterms · uspolitics · donations · election