Business / Fortune ·
‘This might just be the biggest defeat for big money in politics’: Billionaires poured hundreds of millions into Tuesday’s races and still lost
November 4, 2026 at 7:24 AM · Source: Fortune
Elon Musk’s pick lost in Texas and billionaires Vivek Ramaswamy and Rick Jackson lost their own races, though California’s wealth tax is trailing.
This story was first reported by Fortune.
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