Elon Musk Spent Nearly $500 Million On The Midterms And Lost Big-Time

This was the Cybertruck of elections.

The midterms are (mostly) behind us. We're still waiting on results from a bunch of races, including senate races in Mississippi and Alaska. Despite that, there are two undisputed facts. This was a hell of a great election for Democrats and a really bad one for "dark MAGA" acolyte Elon Musk. The Tesla CEO spent nearly $500 million to elect Republican candidates, according to FEC filings reported on by Forbes.

Musk was the election's single largest individual donor by a vast margin, dwarfing the second-place billionaire couple Dick and Liz Uihlein by more than a factor of three. He didn't seem to get a lot in return on his investment, which will likely result in some angry and bizarre posts on X throughout the coming days, weeks, months and years.

Guess my election-interfering space lasers didn't work this time 🤷‍♂️

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