Elon Musk Spends Nearly $500 Million on Midterm Elections

• Elon Musk donated nearly $500 million to midterm elections, the highest by a non-candidate donor.
• Tesla and SpaceX lost over $420 billion in combined market cap after the midterms.
• Musk's businesses tanked by $120 billion following his election-related posts.
• State Democrats are now seeking to rein in Musk's influence in Texas.
• Musk deleted smug election posts after they backfired on his businesses.