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Musk jokes after Republican defeats despite record election spending

Musk spent at least US$445 million backing Republican candidates, but Democrats won control of Congress and made gains in Texas. His political spending could bring scrutiny of his companies.

Written by AI from 6 sources

Photo: PBS NewsHour
  • Elon Musk spent at least US$445 million to help Republicans in the US midterms, but Democrats won control of Congress and Republican candidates he backed lost key races. BBC NewsPBS NewsHourFrance 24Al Jazeera

  • In Texas, Democrat James Talarico defeated Republican Ken Paxton for a US Senate seat, while Gina Hinojosa beat Governor Greg Abbott. Musk had spent at least US$5 million to support Abbott's re-election bid. PBS NewsHourAl Jazeera

  • Democrats have signalled they may investigate Musk's government work and his companies, while Tesla and SpaceX shares fell after the election, according to reports. BBC NewsPBS NewsHourFrance 24ABC News