Elon Musk’s $76 Million Boost for Republicans
Elon Musk has injected $76 million into Republican campaigns as the midterms draw to a close.
By Thabo Mokoena ·
In the final weeks of the midterms, Elon Musk has given his personal political committee, America PAC, more than $76 million to support Republicans. This comes from a pre-election report filed with the Federal Election Commission on Thursday evening, showing that nearly $43 million of this was spent in the first two weeks of October. America PAC now holds nearly $47 million in cash as the campaign enters its last leg.
The Texas Senate race was the biggest spender, drawing $15.2 million in spending, double what the PAC spent there all summer. This included $12.4 million to attack Democratic candidate James Talarico and $2.8 million to promote Republican Ken Paxton. Daily filings since then show $9.1 million more against Talarico, bringing the total to nearly $28 million spent on him, about 40 percent of everything the PAC has spent on candidates. The PAC also shifted toward online ads, spending $11.4 million on digital ads in the same two weeks, close to what it spent on mail and texting combined.
Musk has given more than $445 million to Republican political groups this election cycle, according to WIRED’s analysis of FEC filings, making him the biggest known individual donor in the midterms. More than $165 million of that has gone to America PAC since July alone.
Musk has also been posting online about the Texas race. On Wednesday, he posted on X that “there is something deeply wrong with Talarico,” then called him “a creep” and claimed, without evidence, that he “would vote to take away your kids and transition them.” Earlier this month, Musk amplified a false claim that Talarico had been treated at a mental health facility. Talarico shot back the same day: “There is something deeply wrong with a political system that allows one trillionaire to buy his own personal US Senator.”
The Texas race remains a toss-up. An Emerson College poll of 1,000 likely Texas voters, conducted October 17 to 19, found Talarico at 48 percent and Paxton at 46 percent, within the poll’s 3-point margin of error.
The stakes for Musk reach well beyond Texas. If Democrats win the House, the lawmakers in line to lead its committees have signaled they will investigate his role in the Department of Government Efficiency (DOGE), his companies’ federal contracts, and what Zoe Lofgren, a California Democrat, called an “astounding” number of conflicts of interest. Unified Democratic control of Congress would pose even more problems for him.
Silicon Valley Democrats added another target on Friday: restrictions on SpaceX’s Starshield satellite service in Ukraine. In a letter to the White House demanding an investigation, Representatives Sam Liccardo, Jimmy Panetta, and Ro Khanna vowed that the next Congress “will closely scrutinize federal funding awarded to Mr. Musk’s businesses.”
Source: Wired
