Elon Musk spent nearly $500 million on the U.S. election, resulting in a loss of influence for the Republican Party

Updated 2026-11-04 · told from many outlets at once

Elon Musk donated $474 million to Republican candidates, the largest individual contribution since 2010. James Talarico won the Texas Senate race, and Musk made a joke about the Republican loss in the midterms.

Musk donated about $474 million to help Donald Trump's party candidates.
James Talarico defeated Ken Paxton in the Texas Senate race.
Elon Musk joked about the Republican defeat in the US midterms.

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