November 5, 2026
Breaking
International

Musk-backed candidates lose midterms despite financial backing

admin1 min read

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 he has put down roots. 

The post Musk-backed candidates lose midterms despite financial backing appeared first on France 24 – International breaking news, top stories and headlines.

Leave a Comment

Your email address will not be published. Required fields are marked *