Musk's Record $474 Million Midterm Bet and the AI Backlash
Elon Musk spent at least $474 million on the midterms, $224 million of it in Texas.
EveryBeat Chief Editor
November 5, 2026•6 min read
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3 resultsElon Musk spent at least $474 million on the midterms, $224 million of it in Texas.
After Republicans lost Congress, Vice President JD Vance blamed the Iran war and Speaker Mike Johnson said he will not seek reelection as House leader.
Democrats won the US House on Nov 3, 2026, with battleground wins in New York, Michigan and Nevada as Trump's approval sat at 38%.