HotInfo Menu
✍️ EDITORIAL PICKS
Musk's support for Republicans wasn't enough, Democrats won Texas

Musk's support for Republicans wasn't enough, Democrats won Texas

Videos

European leaders welcome Democrats' US midterms election win • FRANCE 24 English
European leaders welcome Democrats' US midterms el… FRANCE 24 English
What could happen if Donald Trump loses US midterm elections? • FRANCE 24 English
What could happen if Donald Trump loses US midterm… FRANCE 24 English
What the US Midterms Mean for Europe
What the US Midterms Mean for Europe TLDR News EU
Elon Musk spent hundreds of millions of dollars backing Republicans in the US congressional elections, but a strong Democratic showing brought defeat even in Texas, which had long been a stronghold of the Republican Party. Democrat James Talarico became the first Democratic senator elected in that state since 1988. seznamzpravy.cz ↗

According to available data, Musk invested more than 200 million dollars in the Texas campaign. His total spending in support of Republicans ranged from approximately 445 to 474 million dollars. However, the voting results did not bring his political involvement the expected success. After the Republicans' defeat, Musk removed his call to participate in the elections and commented on the results ironically. zpravy.aktualne.cz ↗

The election result in states important to the technology industry could also affect Musk's business sector. Voters rejected 40 out of 41 proposals for the construction of large data centers, which represents a complication for technology companies and may signal a shift in Congress's attitude toward expanding this infrastructure. El Pais ↗

At the same time, the developments increased political uncertainty surrounding Musk's companies Tesla and SpaceX. According to estimates cited in connection with the elections, the companies lost more than 150 billion dollars in market value following the results. Further developments will show whether the new balance of power in Congress will affect regulatory and investment conditions for the technology industry. Le Figaro ↗

Sources (18)

Elon Musk löscht Wahlaufruf nach Pleite der Republikaner bei den Midterms
Der Standard | 09:39 05.11.
Los centros de datos también perdieron las elecciones en Estados Unidos
El Pais | 19:40 05.11.
Nagyot ment a New York-i tőzsde a félidős választások után
Telex | 09:26 05.11.
Jak Elona Muska porazil „podivín“ a bývalý učitel. A navíc v Texasu
seznamzpravy.cz | 17:40 04.11.
La Bourse de Wall Street ouvre en forte hausse après la victoire démocrate aux élections de mi-mandat
Le Figaro | 16:57 04.11.
Sinkende Aktienkurse, unsichere Pläne: Der andere Verlierer der Midterms heißt Elon Musk
Tagesspiegel | 12:23 05.11.
Wahlkampf so teuer wie nie: So wurden die Midterms zum Milliardengrab
n-tv | 09:41 05.11.
Boli to najdrahšie voľby v amerických dejinách. Len Elon Musk dal republikánom vyše 445 miliónov
kultura.pravda.sk | 06:00 05.11.
Tesla und SpaceX fallen: Sieg der Demokraten beflügelt Wall Street
n-tv | 23:08 04.11.
Midterms : le revers des républicains fait perdre plus de 150 milliards de dollars aux entreprises d’Elon Musk
Le Figaro | 20:19 04.11.
Midterms 2026 : comment les démocrates ont conquis le Texas, bastion historique des républicains
Le Figaro | 17:00 04.11.
Velké peníze tentokrát nestačily. Mezi poražené kongresových voleb patří i američtí miliardáři
ihned.cz | 16:42 04.11.
Die US-Wahl zeigt: Die Weltlage wird nicht immer nur schlechter
Der Standard | 06:00 06.11.
Midterms 2026 : l’argent d’Elon Musk n’a pas suffi à garder le Texas dans le giron républicain
Le Monde | 15:21 05.11.
Musk se vysmál prohře republikánů. Za volby zaplatil neuvěřitelnou částku
zpravy.aktualne.cz | 20:40 04.11.
Elon Musk jednym z największych przegranych wyborów w USA
TVN24.pl | 20:24 04.11.
Wette auf Republikaner geplatzt: Elon Musk verzockt eine halbe Milliarde Dollar - und macht Witze darüber
n-tv | 16:50 04.11.
Muskovy miliardy při volbách v USA republikánům nestačily
novinky.cz | 13:37 04.11.

© HotInfo

Geographic locations

Location: Texas
Texas, United States
Open in Google Maps
World Politics 👤 Elon Musk 👤 james talarico 📍 texas 🏢 republikánska strana 🏢 spacex 🏢 tesla
🕒

Live Updates

LIVE