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France 24 · World News· Kate MOODY·· 20h agoSelected

Musk-backed candidates lose US midterms despite $440M backing; Tesla and SpaceX shares drop

Original source: France 24 · World NewsRead original
AI brief

France 24 reports that Tesla and SpaceX shares fell after Democrats swept the US midterm elections. Elon Musk, the election cycle's single biggest donor, poured over $440 million into Republican candidates and causes, but his preferred candidates lost races in Texas.

Why it matters

The report links a major tech figure's record political donations to US midterm outcomes and stock moves for Tesla and SpaceX, carrying cross-border political and financial relevance; sourced from France 24 and partly verifiable.

Source: France 24 · World News · france24.com

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