Elon Musk and the tech bros banked on Trump and lost. Humbled, (australia) — The Guardian Australia
The Guardian Australia ·australia ·3 hours ago

Elon Musk and the tech bros banked on Trump and lost. Humbled,

Elon Musk and the tech industry banked on Donald Trump to lose the election, resulting in the Democrats winning the majority of seats. Musk wasted nearly $5 billion while Jensen Huang carved out a slot in the tech industry's crowded schedule. Democrats defeated President Trump in the midterm elections, but the tech industry will face more challenges in the future.

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Published 09 Nov 2026, 16:48 UTC · Updated 09 Nov 2026, 17:10 UTC

Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections