Musk's $445 million gamble: How his political influence became a liability for his businesses

What's behind this

Billionaire Elon Musk spent $445 million on failed midterm election bids to back Republican candidates, a move that has drawn political and business backlash. The gamble backfired as Democrats won big, prompting heightened scrutiny of Musk’s influence. While the sum may be a small fraction of his wealth as the world’s first trillionaire, the billions of dollars his companies do with the federal government could be affected by the fallout.

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