Elon Musk has a lot to lose at US midterms as pollsters tip blue wave
As the US midterm elections approach, Elon Musk is making an expensive foray back into politicking.
As the US midterm elections approach, Elon Musk is re-entering the political arena, with control of Congress now within reach for Democrats. The stakes for the billionaire are higher than ever, given Democrats' plans to investigate various aspects of Musk's dealings if they secure control of the House of Representatives. Trump, meanwhile, has promised a $5,000 payment per American adult if Republicans retain Congress, reminiscent of a previous $5,000 stimulus proposal.
Musk, on the other hand, has donated about $442 million to Republican groups in this election cycle, with at least $158 million allocated to a Senate race in Texas. Democrats have accused Musk of attempting to "buy his own US senator" by supporting Republican candidate Ken Paxton. If Democrats take control of the House, they could investigate Musk's actions, particularly regarding Ukraine's restricted access to SpaceX's Starlink and Starshield services, which allegedly impacted the country's defense against Russian drone attacks.
Musk has denied any wrongdoing, but Democrats have raised concerns about his power and potential conflicts of interest.
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