Musk plans to spend at least $100 million to support Republicans
Elon Musk plans to spend at least $100 million on a voter mobilization campaign designed to help the Republican Party retain control of Congress in the November U.S. midterm elections. NDTV World reported this, citing The Wall Street Journal.
According to the publication, Musk announced these plans during a flight on Air Force One to China in May. Also on board were members of the administration, corporate executives, and family members of U.S. President Donald Trump. During the flight, Trump and Musk discussed, among other things, Tesla’s plans to build new factories in the U.S., space launches, and the 2024 presidential campaign.
Musk is expected to channel funds through America PAC—an organization he founded that supported Trump-related initiatives during the 2024 election. At the same time, he is signaling that he will not repeat the highly visible public role he played in the previous campaign. Earlier, in an interview with The Economist, Musk said he had become too involved in politics.
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Trump and Musk grew closer during the 2024 election campaign, when the entrepreneur spent nearly $300 million helping Trump return to the White House. After Trump took office, Musk took the helm at DOGE and joined efforts to push for massive cuts in the federal government.
In June, their relationship deteriorated sharply due to a public dispute. Musk, in particular, claimed on the social media platform X that Trump’s name had allegedly been mentioned in files related to the Jeffrey Epstein investigation. In response, Trump threatened on Truth Social to cancel government contracts with Musk’s companies and claimed that the businessman had criticized a major tax and budget bill because incentives for electric vehicles had been removed from it.
Subsequently, Vice President J.D. Vance and White House Chief of Staff Suzie Wiles reached out to Musk in an effort to maintain communication. Musk later expressed regret over some of his statements. According to The Wall Street Journal, he and Trump now speak about once a month, discussing artificial intelligence, China, and key global events.
