https://www.live-feeds.com/feed/dozens-party-outside-elon-musk-s-austin-home-after-campaign-donations-fell-flat-austin-american-statesmanContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/dozens-party-outside-elon-musk-s-austin-home-after-campaign-donations-fell-flat-austin-american-statesmanhttps://www.live-feeds.com/feed/dozens-party-outside-elon-musk-s-austin-home-after-campaign-donations-fell-flat-austin-american-statesman#u196358Thu, 12 Nov 2026 07:23:26 +0000Dozens of people gathered outside Elon Musk's Austin residence to celebrate after his substantial midterm election spending failed to produce the Republican victories he backed. The New York Times reports Musk spent nearly $500 million on the midterms. Following the results, Tesla and SpaceX have seen combined market capitalization losses exceeding $420 billion according to CNBC, with Reuters noting the results cloud the outlook for data center plans and mergers. The Wall Street Journal and Washington Post report Texas Democrats are now seeking to constrain Musk's influence in the st