Republican Party suffers defeat despite Elon Musk spending ₹4,700 crore in American elections

Elon Musk spent a massive sum of approximately ₹4,700 crore in support of Republican candidates in the 2026 American midterm elections, yet the Republican Party has faced a significant defeat. According to a report by NDTV India, the party failed to achieve success despite receiving financial assistance on such a large scale. In these elections, a Democratic governor has been elected in Texas after three decades, and the Democrats have seized control of both houses of Congress.

According to a report by ABC News, if the midterm election polls are to be believed, the Democratic Party could gain control of the American Congress. According to the polls, the Democrats need to secure four seats in the House of Representatives to achieve a decisive victory. Furthermore, there is a possibility that the Republicans may lose their majority status in the Senate. To regain control of the Senate, the Democrats will need to protect four seats and win four additional seats.

According to Jessica Taylor of the Cook Political Report, this path for the Democrats in the Senate is a major turning point, as it initially seemed they would have to play a 'perfect game'. Donald Trump's decision to initiate a war against Iran has become a primary reason for his declining popularity. According to Taylor, the president's party typically loses seats, and Trump's approval ratings had not been favorable since before March. Additionally, the risk for his party has increased due to rising gasoline and diesel prices caused by the unpopular war.

Democrats now appear strong in the Senate contests in 'red' (Republican) states such as Texas, Kansas, Alaska, Iowa, and Ohio. There is a possibility that they will win the North Carolina Senate seat from the Republicans. In a key state like Michigan, which supported Trump in the presidential election two years ago, the polls are very close. However, Taylor warns that polls only reflect voter opinions at a specific moment and many surveys are very tight.

Many analysts, including the founder of the Cook Political Report, are describing these figures as a 'red undertow' rather than a 'blue wave'. According to Taylor, the Republicans are currently in power, and there is a strong sentiment among voters against the ruling party, which presents an equal difficulty for both parties. Many polls are within the margin of error, similar to the 2024 presidential election. Natalie Baldassare, press secretary for the Republican National Committee, stated that national polls always underestimate Republican support and that Republicans are prepared to save their majority due to Trump's campaigning.

According to Charles Franklin, Director of Market Polling, a major fear for pollsters has been that an insufficient number of Republicans participate in surveys. On the other hand, Republican pollster and strategist Patrick Ruffini told ABC that the environment for Republicans is indeed poor and they appear to be the weakest they have been at this stage of the cycle.

According to a report by Al Jazeera, the first election results are expected on Tuesday once the voting process is complete, though final results may take several days.

Donald Trump is a well-known leader in American politics and is associated with the Republican Party. He has previously served as the President of the United States, and his policies as well as decisions regarding war have been subjects of global discussion.