# 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.
- Title: Musk's midterm campaign spending yields minimal returns
- Summary: 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.
- Keywords: elon musk, u.s. midterm elections, republican campaigns, house of representatives, senate races, musk spending, The Japan Times
- Source: The Japan Times — https://japantimes.co.jp/business/2026/11/06/companies/musk-midterms-roi
- Author: No Author
- Published: 2026-11-06T03:38:00+00:00
- Read time: 1 min
- Topics: elon musk, u.s. midterm elections, republican campaigns, house of representatives, senate races, musk spending, news, politics, world
## 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.
## Key takeaway

Elon Musk's $499 million investment in Republican U.S. midterm campaigns resulted in only three House victories and six Senate losses.