From The Japan Times · No Author · · 40s
Musk's midterm campaign spending yields minimal returns
Elon Musk spent nearly $500 million on U.S. Republican campaigns but saw few wins in the 2026 midterms.
In brief
Elon Musk spent nearly $500 million on U.S. Republican campaigns but saw few wins in the 2026 midterms. Elon Musk's $499 million investment in Republican U.S. midterm campaigns resulted in only three House victories and six Senate losses. Originally reported by The Japan Times.
Musk's campaign spending
Elon Musk spent nearly $500 million on Republican U.S. midterm campaigns.
House election results
Three of 37 Republican candidates Musk backed won in the House of Representatives.
Senate election results

Six of seven Republican Senate candidates Musk backed lost in the 2026 midterms.
Alaska Senate race
Democrat Mary Peltola narrowly led Republican candidate in Alaska Senate race.
The main idea
Elon Musk's $499 million investment in Republican U.S. midterm campaigns resulted in only three House victories and six Senate losses.

