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Elon Musk Invests $10M in Republican Midterm Campaigns

1/24/2026

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Story summary
  • Elon Musk is re-engaging with U.S. politics by backing Republican candidates ahead of the midterm elections.
  • Following tensions with U.S. President Donald Trump, Musk is ramping up fundraising for Republican candidates.
  • His political team is preparing to mobilize Trump supporters.
  • Musk pledged $10 million to a super PAC backing Nate Morris for Mitch McConnell's Senate seat.
  • Since June 2025, he has donated approximately $42 million to Republican campaigns.