Democrats Win 2026 Midterms; Elon Musk's $446M Spending Fails to Deliver

Summary of 5 reports
Democrats swept control of Congress in the 2026 midterms, winning previously Republican-held Senate seats including in South Carolina, Kansas, and Texas. Tech billionaire Elon Musk spent $446 million through his America PAC backing Republican candidates, but Democrats won all five Senate races where his PAC spent most heavily, marking a significant loss for his political investment.
Full coverage
DOUG SCHOEN: The biggest winner and the biggest loser in the 2026 midterms (opens Fox News in a new tab)
The Democratic Party swept formerly deep-red Senate seats in South Carolina, Kansas and Texas. What we've just witnessed is a collapse of the Republican Party.
The biggest winners and losers of the 2026 US midterms (opens Al Jazeera in a new tab)
Historic firsts, surprise victories and expensive defeats as Democrats take control of Congress.
Winners, losers, the EU: Five takeaways from the US midterms (opens DW in a new tab)
Donald Trump's Republicans suffered a crushing defeat in Tuesday's midterm elections, with the Democrats wresting control of Congress. What does this mean for US politics and the world?
Down $60b, and counting: The midterms’ biggest loser isn’t Trump. It’s Elon Musk (opens The Sydney Morning Herald in a new tab)
The world’s richest man invested heavily to back Republican candidates, much of it in Texas. He wasted his money and now faces obstacles to his artificial intelligence ambitions.
Was Elon Musk the US midterms' biggest loser? – Stateside with Kai and Carter (opens The Guardian in a new tab)
The tech industry spent big on the midterms, but it turned out to be a poor investment. Elon Musk poured a staggering $446m dollars into Republican-aligned political action committees (Pacs) and groups since last year, but his efforts didn’t pay off.…


