Musk, crypto and AI spending floods the costliest US Senate midterm races

Summary

The most expensive Senate battles of the US midterms are being fought with a flood of political advertising. The Sydney Morning Herald reports the ads are funded by Elon Musk, ordinary people and cashed-up Political Action Committees, some of which do not disclose their donors. The Straits Times reports that a spending binge by Musk, crypto and AI interests has hit a voter wall, and that most of the big spenders, who backed the Republican Party, have little to show for it.

Timeline

1. Sydney Morning Herald

   4 Nov 2026, 01:00 UTCSource ↗

   The Sydney Morning Herald reports that the US has been inundated with political advertising funded by Elon Musk, ordinary people and cashed-up Political Action Committees, some of which do not disclose their donors.

2. The Straits Times

   4 Nov 2026, 22:45 UTCSource ↗

   The Straits Times reports that a spending binge by Musk, crypto and AI interests has hit a voter wall, and that most of the big spenders, who backed the Republican Party, have little to show for it.