The tech billionaire set spending record as he poured $446m into campaigns for failed Republican candidates Elon Musk set a record for election spending this year after pouring nearly half a billion dollars into backing Republicans in the US midterm elections . It turned out to be a poor investm...
Source: [Guardian World](https://www.theguardian.com/technology/2026/nov/04/elon-musk-midterm-spending-analysis)