Nov 06, 2026

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Musk removes posts supporting Trump's party: Rs 4,400 crore spent on party; Rs 2 lakh crore gap in net worth after defeat

After the defeat of President Trump's Republican Party in the midterm elections in the United States, billionaire Elon Musk has deleted social media posts in support of the party. Musk spent at least $ 458 million i.e. about Rs 4,400 crore on the promotion of Republican candidates during the election. After the party's defeat in the election, Musk's wealth has also decreased significantly. According to the Financial Times, his net worth has decreased by about Rs 2.8 lakh crore. There are a total of 435 seats in the House of Representatives. Elections were held on all the seats. The opposition Democratic Party won 249 seats and Trump's Republican Party won 157 seats. The final results of 29 seats are yet to come. The Democrats have got the required majority. Elections have been held on 35 out of 100 seats in the Senate. So far, the results of 33 seats have been announced. Of these, the Democratic Party has won 20 seats and the Republican Party has won 13 seats. The final results of the remaining 2 seats are yet to come. Including these results, the Democratic Party has 54 seats and the Republican Party has 44 seats. The results of 34 out of the total 36 seats in the governor's election have already been announced. 22 Democrats and 12 Republicans have won seats. The final results of 2 states are yet to come.

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