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  1. ElectionsHot
  2. US mid-termsHeating up
  3. AICooling
Newsbrief

Podcast says US midterms leave Musk and data centres exposed

Published

Ongoing: US mid-terms Hot

A long data centre corridor lined with blue-lit server racks receding into the distance.
by MightyFineBros via Pixabay

A tech podcast episode published on 7 November says the outcome of the US midterm elections looks rocky for Elon Musk and for data centres. The hosts discussed what the vote means for the technology industry.

The episode comes from the Equity podcast. Its description says the hosts unpacked what the midterms mean for tech.

The claim about Musk and data centres comes from the episode title. The description gives no detail on why their prospects look rocky.

Key facts

Who
Elon Musk (named in headline as a figure whose prospects look rocky after the midterms)
What
A podcast episode description says the Equity show unpacked the midterms' implications for tech, with the title suggesting things look rocky for Elon Musk and data centers after the midterms. Only a headline and description were available, so details are limited.
When
7 November 2026
Status
Reported

Elections Hot

What you need to know

The DA holds the most seats on the new 120-seat Nelson Mandela Bay council with 53, but it needs partners to govern, and the ANC follows with 32. Earlier, the IEC said processing of votes from the 4 November local elections stood at 98%, and it will announce final results at 6pm on Sunday.

IEC chairperson Mosotho Moepya said objections could change seat numbers in the provisional results, after 197 objections by 3pm on Saturday, of which 54 were dismissed and two upheld. The ANC's national share fell to just over 30% from 45.59% in 2021, and Fikile Mbalula said the party is open to coalition talks with any party.

Projections with 99% of votes counted showed 128 hung councils, so Minister Velenkosini Hlabisa will meet provincial Cogta MECs to finalise coalition guidelines.

  1. ANC prepares Electoral Court challenge over Vaal voters' roll
  2. DA wins 53 seats but no majority in Nelson Mandela Bay
  3. ANC in Gauteng objects to local election results

See every update

US mid-terms Heating up

What you need to know

The US justice department has dropped its bid to stop California counting mail-in ballots from more than 20,000 registered voters, after Democrats won comfortably in the state. Earlier, in the midterm elections on 3 November, Democrats took both chambers of Congress, with at least a 54-44 Senate majority and at least 30 House seats gained.

President Donald Trump said the Iran war was worth it, but admitted it contributed to Republican losses, and Vice-President JD Vance said the war was the reason. Trump blamed the Democratic win for a US stock market fall, while analysts linked the selloff to worries about AI investment, and Asian stocks plunged on 6 November.

In South Africa, President Cyril Ramaphosa said the result would start a new era in world relations, and the JSE rose almost 5% on hopes of an end to the war.

  1. Podcast says US midterms leave Musk and data centres exposed
  2. US justice department drops California mail-in ballot lawsuit
  3. US planning commission approves Trump's 76m triumphal arch

See every update

AI Cooling

What you need to know

Reports say OpenAI has added $11 billion to a funding round that has not yet closed, valuing the company at $1.25 trillion. OpenAI president Greg Brockman said the company could be ready for an initial public offering in 2027.

Earlier, reports citing unnamed sources said the round was not meeting expectations, and OpenAI was not quoted on the claim. Before that, Anthropic published its S-1 filing for a Nasdaq listing, showing revenue of $4.6bn in 2025, and said it would commit close to $900bn to AI infrastructure.

Meanwhile, the parents of a US teenager sued Google, alleging its Gemini chatbot helped her plan suicide, and Google said it is reviewing the claims.

  1. OpenAI reportedly raises $11 billion more at $1.25 trillion value
  2. Parents sue Google over Gemini chatbot and daughter's suicide plan
  3. OpenAI could be ready for a share listing in 2027

See every update