The Times of IndiaUs
Musk’s $500m midterm bet backfires as shares fall
Elon Musk’s nearly half-billion-dollar bet on Republican candidates failed to deliver the leverage he wanted after Democrats won both chambers of Congress. Tesla and SpaceX shares fell, while the broader market rose, a sharp contrast to recent gains.
This card is an AI-assisted summary of reporting published by The Times of India. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.