Musk Deletes Pro-Republican Posts After Midterm Spending
Elon Musk deleted some posts backing Republican candidates after reportedly spending nearly $500 million on US midterm elections. Most candidates he backed lost to Democrats, and shares in his SpaceX company fell as tech and AI stocks dropped.
Context
Musk owns SpaceX and the social media platform X, and he became a prominent backer of US political candidates in recent years. US midterm elections are held halfway through a president's term, when all House seats and some Senate seats are contested.
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