Musk says his election interference ‘didn’t work’ after $445M in GOP donations

The scale of the disclosed giving is the story here: a single private individual becoming the cycle's largest donor reframes political spending as a personal project rather than a party function, and the public post-mortem is unusual for someone who typically lets the money speak. For markets, the signal is that the same figure whose companies and platforms sit close to crypto and RWA policy is now openly testing political leverage — and openly conceding it failed. Whether that failure changes his appetite for future spending, or how policymakers treat him, is the open question.