Trump failed this midterm exam, and his score was quite low. As a result, his Republican camp lost miserably. He lost both the House of Representatives and the Senate, and also lost the governor’s race.
This also means that in the future, Trump will no longer be able to speak out, and many of the matters proposed by Trump may be blocked in the future. For example, the legislative agenda may be shelved, personnel appointments may be blocked, and the right to nominate the court will be limited.
For Trump, this is just trouble. If he loses, he loses. It’s not a big deal and there won’t be the most serious consequences.
But there is one big boss who became the biggest winner when Trump lost the mid-term election. He is the world’s richest man, Elon Musk. He is a person who bet real money and all his political capital. If Trump loses, he will be in great trouble, and the consequences may even be serious enough to go to jail.
During this midterm election, Musk spent more than $445 million to support Trump, making him the largest political donor in the United States. In 2024, he only paid $291 million.
If we lose this time, the US$445 million must have been wasted. Of course, for a person with a net worth of nearly US$800 billion, losing more than US$400 million is just a trivial matter, just like you and I ordering a cup of milk tea and drinking it.
What’s really the most troublesome thing? Musk’s business empire is deeply tied to the Trump administration and the Republican Party. If the Republican Party loses this time, his business empire and personal destiny may encounter major troubles.
According to media reports, Democrats have been preparing for a long time to liquidate him. There are many places to liquidate him, such as his actions as the “Department of Government Efficiency” (DOGE), SpaceX, Tesla’s contracts with the government, and his Starlink’s problems in Ukraine, etc.
It is said that a seat has been reserved for Musk at the congressional hearing, and it depends on when he is “invited” to come.
Of course, he is still protected by Trump, who can use the presidential pardon power when necessary. But if the Democratic Party really wants to mess with him, one hearing after another will be enough to have a huge impact on his business empire.
Even in the worst-case scenario, if Trump stops taking action, there is a possibility that Musk will end up in jail. If the Democratic Party bites him hard, they can continue to punish him after Trump steps down.
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