Elon Musk will face scrutiny from Democrats
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Elon Musk's pre-election X post is no longer on his timeline after Democrats dominated Tuesday's midterms.
The billionaire tried to play takesies-backsies with his plea after results poured in from across the nation.
Elon Musk's $474 million election gamble falters as Democrats threaten his Texas empire.
The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.
Musk spent close to half a billion dollars backing Republican candidates for Congress—but Democrats still won both chambers.
James Talarico will be the first Democrat senator from Texas since 1998. It was the most expensive Senate race in American history, with Elon Musk spending at least $212 million to support the Republican candidate.
SpaceX has the bulk of its operations in California, Texas, and Florida. California is deep blue, Texas is blue (for now, at least), and Florida came within 3 points of electing a member of the Democratic Socialists of America as its next senator.
“It’s not just about who wins,” one political spending expert said. “It's about setting the agenda and what types of issues we talk about.”
Elon Musk is not convinced it will. In a post on X, he agreed with investor Chamath Palihapitiya’s prediction that 2027 would be a turbulent year for AI infrastructure, citing “a lot of partially stranded compute and compute sitting in inventory.”
