The Tesla and SpaceX boss spent at least $474 million trying to elect Republican candidates in the midterms, the most money of any individual donor in a U.S. election cycle. Musk particularly tried to help candidates in Texas,

Elon Musk's $474 million election gamble falters as Democrats threaten his Texas empire.

Democrats are preparing to launch a range of probes into Trump and his allies, including whether Musk’s businesses benefitted from his ties to Trump.

Election Night isn't looking good for Elon Musk — or anyone who is invested in his businesses, with Tesla's stock dropping 4.4% and SpaceX dropping 5.2% The post Elon Musk’s Companies Take a Beating as Dems Surge on Election Night first appeared on Mediaite.

President Trump said Monday he'd move to protect Elon Musk if Democrats investigate the SpaceX and Tesla CEO after midterm elections. He also suggested the possibility of pre-emptive pardons for staff and others around him if Democrats win the election.

He deployed his wealth to elect Republicans. Their defeats raise questions about the limits of Musk’s political influence.

The Dow Jones index surges 800 points Wednesday on U.S. election results. Elon Musk-led SpaceX and Tesla dive.