Politics1 min read

Elon Musk's preferred US midterm candidates, including Ken Paxton and Vivek Ramaswamy, lost almost everywhere; Musk spent $446M, a record for a non-candidate (Calder Mchugh/Politico)

By · Published by Everything Blog

In short

Unprecedented financial backing failed to carry key midterm hopefuls over the finish line. Elon Musk poured hundreds of millions into supporting candidates across the country, but the recipients faced broad defeats. Among those who lost their bids were high-profile figures Ken Paxton and Vivek Ramaswamy.

Key points

  • Record-setting financial outlays by individual donors did not secure widespread political…: Record-setting financial outlays by individual donors did not secure widespread political victories.
  • High-profile candidates failed to win their midterm races despite receiving massive finan…: High-profile candidates failed to win their midterm races despite receiving massive financial backing.
  • Individual political spending reached unprecedented monetary levels without yielding favo…: Individual political spending reached unprecedented monetary levels without yielding favorable nationwide electoral results.

Sources checked by our analysis pipeline: 1

Bloomberg: |

Stephanie Findlay / Financial Times: |

Nick Wingfield / The Information: |

Sasha Rogelberg / Fortune: |

New York Times: |

Isabel O'Brien / CNBC: |

Apple Developer: |

Bloomberg: |

Katie Tarasov / CNBC: |

Financial Times: |

David Swan / The Age: |

Anthropic: |

Bloomberg: |

Jeff John Roberts / Fortune: |

Tobias Mann / The Register: |

Stephen Council / Business Insider: |

Martha Muir / Financial Times: |

Danial Azhar / Bloomberg: |

Jason Schreier / Bloomberg: |

Reuters: |

Xavier Martinez / Wall Street Journal: |

Reuters: |

Jay Peters / The Verge: |

Ivan Mehta / TechCrunch: |

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Jon Brodkin / Ars Technica: |

Katie Drummond / Wired: |

Natasha Mascarenhas / Bloomberg: |

Lance Whitney / ZDNET: |

Alex Kantrowitz / Big Technology:…

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