What did the All-In hosts predict for the 2026 midterm elections?

Chamath Palihapitiya expected a mild Democratic gain, with Republicans keeping the Senate and Democrats winning a narrow House majority, followed by waves of subpoenas. David Sacks told voters to ignore polls he called biased, said a normal midterm loss was likely rather than a bloodbath, and cited 3.7% GDP growth. Jason Calacanis trusted Polymarket, which gave Democrats a 68% chance at the Senate and 92% at the House, and predicted a Democratic sweep and renewed impeachment.

• Chamath and Sacks both argued Democrats would benefit from slowing data-center and power permitting before 2028.
• Sacks noted that Bill Clinton and Barack Obama both suffered heavy midterm losses.
• Calacanis expected the Republican Party to look beyond JD Vance and Marco Rubio for a new populist champion.

Source: our own transcription of the episode. The full conversation is on All-In with Chamath, Jason, Sacks & Friedberg (2026-10-30). Read the whole episode summary →

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