The midterms were a gut punch for tech. Here's why it's not a knockout.
Source: Business Insider ·
The political party and infrastructure the tech industry hitched its wagon to just got a massive public rebuke. Where does it go from here?
From the source
NurPhoto/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.It was a bad day to be a tech bro.The 2026 midterms brought a "blue wave," and it landed squarely on a tech community that's spent two years aligning with Republicans. And it wasn't just a public rebuke of the party tech executives have been eager to please.A key issue driving voters' decisions at the polls is central to tech's vision for an AI future: data centers.BI's Jacob Shamsian and Brent D. Griffiths unpack how Democrats' big day spells trouble for the tech right on multiple fronts.Elon Musk is the first name that comes to mind thanks to the eye-popping $446 million he spent supporting the GOP, including $224 million that went to the now-blue state of Texas. The impact is already evident, with Tesla and SpaceX shares finishing down on Wednesday.But the blast radius extends beyond the world's richest person.I wrote in Tuesday's…
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