Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next? | Jonathan Liew
Democrats won seats on anti-datacentre tickets and Musk wasted nearly half a billion dollars. Big tech may be losing its grip, but it won’t go quietly Photos That Precede Unfortunate Events: a couple of months back, Donald Trump hosted some of the world’s most powerful tech executives at the White House for a “ Super Intelligence luncheon ”, which by coincidence is also how my mum described her tu
Big Tech's Trump bet failed; political influence wanes
- Democrats won seats on anti-datacenter platforms; Musk spent ~$500M with no electoral payoff
| Asset | Bias | Rationale |
|---|---|---|
| No direct listed exposure identified — we do not map to an instrument when none is publicly tradable. | ||
- Nasdaq Composite
- VIX tech sub-index
- US congressional AI/datacenter regulation hearings
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Published:2026-11-09 16:58:18 · Source:guardian · Automatically aggregated and analysed — verify against the original source.