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Musk, Crypto and Data Centers Are Among the Midterm’s Biggest Money Losers

Musk, Crypto and Data Centers Are Among the Midterm’s Biggest Money Losers

Republicans weren’t the only losers in last night’s general election.

Elon Musk, the cryptocurrency industry and data centers also got walloped, burning through hundreds of millions of dollars backing losing candidates and now must contend with powerful Democratic opponents ushered in by a “bluenami.”

Musk, the trillionaire ally of President Donald Trump who poured over $445 million into the midterms, is widely expected to be a top target for Democrats.

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