Elon Musk’s allegations against India’s powerful business interests have drawn fresh scrutiny of his own political influence in the United States. US Senator Bernie Sanders has criticised the billionaire for spending hundreds of millions of dollars supporting Republicans ahead of the November 3, 2026, midterm elections.
The controversy follows Musk’s accusations that Indian “oligarchs” are attempting to prevent his satellite internet company, Starlink, from entering the Indian market. Musk has also taken aim at Reliance Industries chairman Mukesh Ambani, questioning his influence over the country’s business and regulatory environment.
Sanders, a longstanding critic of concentrated wealth and political influence, highlighted Musk’s reported spending on US elections in a post on X.
“Elon Musk spent USD 290 million to elect Trump. It paid off,” Sanders wrote, claiming that Musk’s wealth had increased substantially after Donald Trump’s election victory. He also criticised Musk for reportedly spending USD 366 million to help Republicans retain control of Congress.
Musk’s Political Donations Draw Attention
According to the campaign figures cited in the report, Musk spent approximately USD 366 million during the 2026 election cycle, including at least USD 276 million since July.
His reported contributions include USD 158 million to the Senate Leadership Fund, USD 76 million to America PAC and USD 20 million to the Congressional Leadership Fund. Other donations reportedly went to groups supporting Republican candidates in Texas and gubernatorial races.
The spending has renewed debate over the role of wealthy individuals in American elections. Sanders argues that large political contributions can give billionaires disproportionate influence over campaigns and public policy.
Musk previously indicated in May 2025 that he would reduce his political spending. He also served in the Trump administration, leading the Department of Government Efficiency, before leaving the role following disagreements with the president.
Why Musk Is Criticising Indian Business Interests
The dispute centres on Starlink, operated by Musk’s SpaceX, which provides satellite-based internet connectivity. The company has been seeking the necessary approvals to launch commercial services in India.
Musk alleged on X that certain Indian business interests were attempting to preserve their market dominance by blocking Starlink. He subsequently addressed Ambani directly, questioning whether the Reliance chairman held excessive influence over India’s business environment.
India’s Ministry of Communications rejected suggestions that the approval process favoured one company over another. According to the report, the ministry described the regulatory framework as fair and non-discriminatory, noting that satellite operators must satisfy security requirements before proceeding.
The episode has brought two debates into focus: competition in India’s telecommunications market and the influence of billionaire wealth on political and regulatory decisions.
For official information on India’s communications policies, visit the Department of Telecommunications.
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