Breaking News and Headlines

Elon Musk’s record election bet backfired. The backlash may reach beyond one billionaire

Source: CNBC BusinessNovember 4, 2026 at 5:54 AM

Elon Musk's $474 million election gamble falters as Democrats threaten his Texas empire.

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President Trump Job Approval

Approve36.5

Disapprove62.0

Disapprove +25.5

2 recent polls • through Oct 6 • updated Nov 4, 4:00 AM EST

FavorableUnfavorableSpread

Republican Party43.150.8-7.7

Democratic Party51.442.5+8.9

Modeled estimate • proprietary Breakn News model • updated Nov 4, 4:00 AM EST

Democrats50.1

Republicans42.7

Democrats +7.4

7 recent polls • through Nov 2 • updated Nov 4, 4:00 AM EST

FavorableUnfavorableSpread

Donald Trump39.857.8-18.0

JD Vance40.949.8-8.9

Donald Trump: 8 polls through Aug 24 • JD Vance: 8 polls through Aug 24 • updated Nov 4, 4:00 AM EST

Polling data: VoteHub • CC BY 4.0

Breakn News stores source polling and hourly calculated snapshots locally for historical analysis and fast retrieval.

Mortgage rates • Freddie Mac PMMS®

30-year fixed7.24%

15-year fixed6.60%

Mortgage rate data: Freddie Mac Primary Mortgage Market Survey®

Updates weekly