How Elon Musk Frittered Away Nearly $500 Million on the Midterm Elections

By: Theodore Schleifer

6 November 2026 at 21:05

Behind the scenes, the world’s richest person spent a record amount over two years to bend the country’s politics to his will. He couldn’t.

Elon Musk has become by far the Republican Party’s biggest megadonor, spending nearly $500 million during the 2025-26 midterm election cycle.

This Is How Democrats Can Make Life More Affordable

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By: Natasha Sarin， Elizabeth Wilkins and Emily Holzknecht

6 November 2026 at 15:13

Democrats have a chance to rewrite the rules of the economy. Here’s how.

Tech Billionaires Face Tricky Political Waters After Democratic Midterm Sweep

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By: Eli Tan， Theodore Schleifer and Erin Griffith

5 November 2026 at 17:02

Many donated money to President Trump’s favored causes and became his allies. Now that political alignment may be a liability.

President Trump met with leaders of the artificial intelligence industry at the White House in September.

Elon Musk’s Very Bad Night

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By: Michelle Goldberg

5 November 2026 at 12:19

The midterms vote was an epic rebuke of Silicon Valley.

Appeals Court Allows Mamdani to Move Forward with Pied-à-Terre Tax

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By: Mihir Zaveri

4 November 2026 at 21:14

The court reversed a judge’s order that had said New York erred in its rollout of the tax, granting Mayor Zohran Mamdani a victory over a key piece of his agenda.

The administration of Mayor Zohran Mamdani appealed a ruling blocking the rollout of a tax on high-end second homes in New York City.

SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas

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By: Ryan Mac and Jack Ewing

4 November 2026 at 18:39

The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

SpaceX and Tesla, both run by Elon Musk, are based in Texas, where voters elected a Democratic senator and governor.

On the Ballot in California: The Prospects for a National Wealth Tax

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By: Andrew Duehren and Laurel Rosenhall

1 November 2026 at 10:02

The outcome of the state’s ballot initiative for a billionaires tax could set the tone for the broader Democratic debate about how to raise more revenue.