Business
A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure
Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake.
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Business
Elon Musk appears to signal the end of the road for Cybertruck
Musk said it was to make room for production of its Cybercabs - autonomous taxis without a driver.
Business
Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midterms
Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms
Politics
US midterms: Elon Musk fails $440 million bet as Republicans lose
The 2026 midterm elections were the most expensive on record, with nearly 12 billion dollars spent during the campaign. Tech tycoon Elon Musk was by far the largest individual donor ever, injecting over 440 million dollars of his money to support the GOP. Tuesday's resounding Democratic victory showed the limits of his money, power and influence.
Business
Elon Musk's millions failed to deliver Republican wins in fierce midterms
Musk spent nearly $500m in the 2026 US midterm elections, an individual election spending record.
Business
Elon Musk’s record election bet backfired. The backlash may reach beyond one billionaire
Elon Musk's $474 million election gamble falters as Democrats threaten his Texas empire.