Overview
- Voters delivered a Democratic landslide that returned the party to majority control of both the House and Senate in the Nov. 3 midterm elections.
- Elon Musk, reported to have given nearly $500 million to Republican efforts, posted a self-mocking message on X saying his “space laser” for election interference “didn’t help” after the results.
- Coverage of Musk’s post notes the donation total is reported and not independently verified in the articles that covered the reaction.
- U.S. business leaders responded to the Democratic takeover by urging Congress to take steps to curb high prices and stabilize the economy.
- Control of both chambers will shape decisions on regulation, inflation policy and oversight that could directly affect companies led by Musk such as Tesla and SpaceX.