SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns

Source: press CNBC•

SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns

SpaceX CEO Elon Musk (top) looks on as US President Donald Trump speaks to the press after a meeting with technology executives about artificial intelligence at the White House in Washington, DC, on Sept. 29, 2026. Elon Musk's business empire is tying itself ever closer to the federal government…

SpaceX CEO Elon Musk (top) looks on as US President Donald Trump speaks to the press after a meeting with technology executives about artificial intelligence at the White House in Washington, DC, on Sept. 29, 2026.

Elon Musk's business empire is tying itself ever closer to the federal government just as he spends record sums to help decide who controls it in the 2026 midterm election.

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