On Election Day, Elon Musk shared a brief post urging followers to vote Republican. However, the results did not align with his encouragement. When Democrats secured significant victories, Musk removed the post from his X timeline.
After the election results, Musk jokingly referred to his failed campaign expenditures, posting about ineffective ‘space lasers’ and considering new ventures with data centers in space. He was the largest donor, spending over $440 million backing Republican candidates.
Particularly, Musk focused on Texas, investing $224 million in support of Republican candidates. He criticized Democrat James Talarico, the now Senator-elect, labeling him with derogatory terms. These posts remain visible.
The election outcomes might impact Musk’s businesses, with Tesla and SpaceX shares dropping as investors reacted. Companies in data infrastructure also showed financial stability concerns.
Musk is among other tech executives processing the shift in Texas’s political landscape, breaking a Republican stronghold.
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