Elon Musk's Record Election Spending Fails to Stop Democrat Wave

RecentNews.uk

Elon Musk spent a record $450m (£334m) backing Republican candidates in the US midterms.

Democrats secured widespread wins, including James Talarico defeating Musk-backed Ken Paxton in Texas.

SpaceX and Tesla shares dropped following the election results amid fears of stricter oversight.

Newly elected Democrats have pledged to crack down on massive data centre expansions and tax breaks.

Should tech billionaires be permitted to spend unlimited sums on political campaigns?

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