# Midterm Election Donors Lost Money

> Elon Musk and other big donors lost money in Texas Senate race.
- Title: Midterm Election Donors Lost Money · Straight Arrow | Shortify
- Summary: Elon Musk and other big donors lost money in Texas Senate race. Elon Musk spent $474 million on Texas Senate race but Ken Paxton lost.
- Keywords: midterms, senate, elon musk, ken paxton, texas, iowa, ohio, north carolina, Straight Arrow
- Source: Straight Arrow — https://san.com/cc/midterm-election-donors-spent-millions-their-candidates-lost-we-did-the-math
- Published: 2026-11-05T22:45:00+00:00
- Read time: 1 min
- Topics: midterms, senate, elon musk, ken paxton, texas, iowa, ohio, north carolina, news, politics, world
## Elon Musk's Election Spending
Elon Musk spent $474 million in the midterms, making him the biggest known donor in American history.
## Musk's Texas Senate Race
Musk spent $212 million on Ken Paxton's Texas Senate race, who lost with 4.25 million votes.
## Paxton's Vote Count
Democrat James Talarico got 5.45 million votes, Paxton received 4.25 million votes.
## MAGA Inc. Spending
MAGA Inc. spent $37.65 million in Texas Senate general election, about $9 per vote Paxton received.
## Senate Leadership Fund
SLF PAC spent $30 million in North Carolina Senate race, losing to Roy Cooper.
## SLF in Iowa
SLF spent $51 million in Iowa Senate race, losing to Josh Turek.
## Defend American Jobs in Ohio
Defend American Jobs spent $56.58 million on Ohio Senate race, supporting Jon Husted.
## No Going Back PAC
No Going Back PAC spent $28.7 million in Ohio Senate race, losing to Jon Husted.
## Musk's Overall Result
Musk's $474 million spent on Texas Senate race resulted in Ken Paxton losing.
## Key Election Outcome
Elon Musk and other big donors lost money in Texas Senate race.
## Key takeaway

Elon Musk spent $474 million on Texas Senate race but Ken Paxton lost.