Candidates backed by Elon Musk lose in midterms after record spending
Elon Musk, the largest individual donor in the US midterms, saw candidates he backed lose, including in Texas.
Candidates backed by Elon Musk lost in the US midterm elections, despite his position as the largest individual donor of the cycle. Al Jazeera and France 24 both report this.
France 24 says Musk put more than $440 million into Republican candidates and causes. It says the Democratic Party swept to power in the election. It also says the candidates he favored lost races in Texas, a state where he has built a base.
France 24 reports that shares of Tesla and SpaceX fell after the results. Al Jazeera, in its headline, says Musk made light of the defeats. Its short report does not say how.
Al Jazeera describes Musk as the world's richest man and the founder of Tesla and SpaceX.
Reported by
- Al JazeeraMusk makes light of defeats after record spend on Republican candidatesWed, Nov 4, 7:09 AM EST
- France 24Musk-backed candidates lose midterms despite financial backingWed, Nov 4, 4:06 PM EST
- France 24US midterms: Elon Musk fails $440 million bet as Republicans loseThu, Nov 5, 6:29 AM EST
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.