Dedicated Issues··Wednesday, November 4, 2026, 4:06 PM
Musk-backed candidates lose midterms despite financial backing • FRANCE 24 English
Shares of Tesla and SpaceX dropped after the Democratic party swept to power in America’s midterm elections. Their founder, tech titan Elon Musk, poured over $440 million into Republican candidates and causes, the single biggest campaign donor in the election cycle. But his investment fell flat, as his preferred candidates lost races in Texas, where
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