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Elon Musk Plans $100–$200 Million for GOP Midterms

8/20/2026

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Story summary
  • Elon Musk plans to spend $100 million-$200 million on voter-turnout efforts for Republican candidates in the November 2026 midterms.
  • Texas GOP nominee Ken Paxton raised $9 million, far less than James Talarico’s $69 million.
  • President Donald Trump’s endorsement helped Paxton win the primary despite his fundraising shortfall.
  • Musk’s contribution would raise the RNC’s war chest to $128 million, while GOP super PACs hold $380 million versus Democrats’ $116 million.