Musk has put about $366 million into the 2026 midterms since January 2025. $276 million of that came since July, including $158 million to the Senate Leadership Fund and more than $76 million to America PAC. His giving this cycle already exceeds the roughly $290 million he spent in 2024.
Musk's companies have a lot riding on Washington. Democrats in the House are calling for investigations into his government contracts. CNBC says Senate control could shape investigations, federal spending and regulations affecting SpaceX and Tesla. The spending also comes as Musk rebuilds his relationship with Trump, and as Republicans face headwinds from the president's declining popularity and cost-of-living worries.
Bloom's Q3 2026 revenue was $1,235.8 million, up 138% from a year earlier, so the $1.236 billion figure is right. I found no support for "first profitable quarter." Bloom's release calls it a record quarter with expanded operating margins, and the company has reported profits before. This is a promotional pitch for a WhatsApp group and makes no verifiable factual claim. The account name copies the well-known "ICT" trader handle, so be wary of it.
The numbers are right. Western Digital's fiscal Q1 2027 revenue was $4.38 billion, up 55%, and adjusted gross margin was 58.1%. It also guided Q2 revenue to about $5.1 billion. The reported reason for the drop is different, though. Coverage says a broader selloff in AI and semiconductor stocks erased the stock's initial after-hours gains, with shares down about 5%. I found no source for the "under-shipping a competitor" explanation.
Elon Musk has spent roughly $366 million this election cycle, which began in January 2025. About $276 million of that was spent since July, and it makes him the biggest known donor of the 2026 midterms. Reuters and CNBC both report the figures, which were first reported by the New York Times.
BWestern Digital just printed a monster quarter and the stock still dropped.
ADefine monster.
BRevenue up 55 percent. Gross margins at 58.1. Guidance for 69 percent growth next quarter.
AThat is a monster. So why is it down?
BNexus Co. on X says the tape sold it because they're under-shipping a competitor.
AI checked. That part's not in the coverage. The real story is simpler: AI and semiconductor names sold off hard today, and Western Digital got dragged with them.
BSo a great quarter, and the market says, yeah, but the whole sector's scared.
AThat's the tape. Fundamentals were fine. Sentiment wasn't.
BAnd that's the part that drives me crazy. A company does everything right, and the stock still gets punished because Nvidia sneezed.
AIt's not Nvidia sneezing. It's money rotating out of anything with AI exposure today.
BFine. But the hard-drive business is not an AI bubble. Data centers need storage. That's real demand.
AI'm not arguing the business. I'm saying the stock trades with the sector, like it or not.
BSo what's the point of earnings season? If a 55 percent revenue jump doesn't matter, what does?
AIt matters over time. It just didn't matter today.
BSpeaking of money in politics—
AThat's a pivot.
BCNBC is reporting Elon Musk has now put about 366 million dollars into the midterms.
AThat's since January 2025. And 276 million of it came just since July.
BHe's already past what he spent in 2024. That was around 290 million.
AAnd the biggest chunk, 158 million, went to the Senate Leadership Fund.
BThis is not a guy casually writing checks. This is a strategic bet on who controls investigations and federal contracts.
ARight. Democrats in the House are already calling for investigations into his government deals. Senate control decides whether those go anywhere.
BAnd SpaceX and Tesla have a lot riding on that. Federal spending, regulations, launch contracts.
AHere's the part I find interesting. Last year he said he'd spend a lot less on politics.
BA lot less turned out to be a lot more.
AHis PAC's spokesperson says it's about defending Congress from a Democratic takeover.
BAnd Reuters notes Democrats' odds of retaking the House and Senate have actually improved while he's spending.
ASo the money's not exactly buying certainty.
BIt never does. But it buys access, and it buys influence over the agenda.
AI think the bigger story is what it says about his companies. He's not donating from a distance. He's protecting the balance sheet.
BAnd that's the part people miss. This isn't ideology. It's business.
BAnd that's the show. Numbers are easy. Stories are where the spin lives.