Elon Musk Wasted Nearly Half a Billion Dollars on Major Midterm Defeats
Summary
Elon Musk gave at least $445.6 million to Republican groups and candidates in the 2026 midterm cycle, according to the article’s review of campaign filings. Democrats won control of the House and Senate, and James Talarico defeated Ken Paxton in the Texas Senate race that received more than $200 million in Musk-related support.Key Facts
- Musk’s reported political giving reached $445.6 million through October 14, the latest date covered by the cited filing data.
- The article says the total may be higher because it excludes later contributions and money given to groups that do not file with the Federal Election Commission.
- America PAC, a super PAC founded by Musk, received $216 million and worked to turn out Republican voters.
- The Senate Leadership Fund received $168 million; $158 million of Musk’s money went to the fund, which then gave the same amount to Texas PAC, a major Paxton-supporting group.
- The Congressional Leadership Fund received $30 million to support House Republicans; Democrats regained the House, according to the article.
- James Talarico defeated Republican Ken Paxton in the Texas Senate race, becoming the first Democrat to win a Texas Senate race since 1988, the article says.
- Musk endorsed Paxton in October and criticized Talarico on X during the campaign.
- The article says Democrats also won the Texas governor’s race, with Gina Hinojosa defeating incumbent Greg Abbott.
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