Policy·October 22, 2026 at 2:37 PM EDT·1 source
SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
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News
What happened
- Elon Musk has poured $366 million into political campaigns, according to CNBC.
- Musk’s largest political focus is the Senate, where control could affect investigations, federal spending and regulations involving SpaceX and Tesla.
Musk campaign spending
$366 million
Why it matters
The election outcome could influence regulatory oversight, federal spending and investigations relevant to SpaceX and Tesla, making the Senate a key policy risk for investors and advisers.
What to watch. Senate control and its effects on investigations, federal spending and regulations affecting SpaceX and Tesla.
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Timeline
- EarlierOct 19Stock Market Today: Stock Futures Rebound After Friday's Tech Selloff
- EarlierOct 19Tech Earnings Ahead: SpaceX, Meta to Test AI Monetization
- EarlierOct 22Tesla Shareholders Likely to Demand a Premium: New Street's Harwood
- First reported by CNBCOct 22SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
Who is involved
SpaceX and Tesla have high election stakes as Elon Musk pours…SpaceXTeslaTSLAElon Musk
CompanyPerson
Sources (1)
Related
- Oct 22 · SpaceX $40 billion debt deal gets pricey as AI fears spread
- Oct 19 · Tech Earnings Ahead: SpaceX, Meta to Test AI Monetization
- Oct 19 · Stock Market Today: Stock Futures Rebound After Friday's Tech Selloff
- Oct 23 · SpaceX records $561 million investment gain from stake in Elon Musk's Boring Co.
- Oct 22 · Tesla cuts 2026 capex to $20B amid tech transformation plans
- Oct 22 · Tesla Shareholders Likely to Demand a Premium: New Street's Harwood
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