Economy and macroUpdated November 4

Democrats win Texas Senate and governor races despite Musk's push

Across the 2026 midterms, reports put Musk's spending to support Republicans at nearly half a billion dollars. Texas was a major part of that effort: Semafor says he spent more than $200 million trying to keep the state Republican. Democrats won both the Senate and governor's races there. For a push that put so much money into holding Texas, the double loss is the sharpest contrast in the story.

3 publishers3 reports

Coverage started November 4