Musk pledges $120M to help GOP in midterms despite saying he got 'carried away' in 2024

Elon Musk spent $300M in 2024, fell out with Donald Trump, tried to start a third party, saw his Wisconsin bet fail, and now he's back. Why?
Elon Musk plans to spend up to $120M through America PAC to help Donald Trump and Republicans keep control of Congress (Getty Images)
Elon Musk plans to spend up to $120M through America PAC to help Donald Trump and Republicans keep control of Congress (Getty Images)

WASHINGTON, DC: Elon Musk, a year after a bitter falling out with President Donald Trump and the Republican Party, is preparing to spend big once again to help keep the GOP in control of Congress this November.

The world's richest person has authorized his super PAC, America PAC, to spend between $100 million and $120 million on a new field program across at least eight states, according to two people briefed on the plans who spoke to the New York Times.

The move would substantially add to Republicans' already sizable advantage over Democrats in outside spending heading into the midterms, even as many Democratic candidates in competitive Senate races continue to outraise their GOP rivals individually.

Elon Musk expands America PAC strategy

America PAC is initially focusing on Senate races in Alaska, Iowa, Maine, Michigan, and Ohio. People familiar with the operation say the group is also considering expanding into North Carolina, Georgia, and Texas.

GLENDALE, ARIZONA - SEPTEMBER 21: Tesla CEO Elon Musk attends the memorial service for political activist Charlie Kirk at State Farm Stadium on September 21, 2025 in Glendale, Arizona. Kirk, the CEO and co-founder of Turning Point USA, was shot and killed on September 10th while speaking at an event during his
Tesla CEO Elon Musk attends the memorial service for political activist Charlie Kirk at State Farm Stadium on September 21, 2025 in Glendale, Arizona (Joe Raedle/Getty Images)

The PAC is also targeting several House races in California, Wisconsin, and Washington. Leadership has shared its ambitious nine-figure budget with other Republican groups, including Trump's super PAC, MAGA Inc, although MAGA Inc has not yet disclosed its planned midterm spending.

America PAC is also hiring door-knocking firms and coordinating closely with groups such as Americans for Prosperity, backed by the Koch network, and the Sentinel Action Fund.

Coordination among conservative groups on field operations has become increasingly common since a Supreme Court ruling in June made direct collaboration between party committees and candidates less costly.

Chris Young, who oversaw the group's major 2024 spending effort, has returned to lead the operation.

Tesla, SpaceX and X CEO Elon Musk arrives to speak during an inauguration event at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Christopher Furlong/Getty Images)
Tesla, SpaceX and X CEO Elon Musk arrives to speak during an inauguration event at Capital One Arena on January 20, 2025 in Washington, DC (Christopher Furlong/Getty Images)

America PAC spokesperson Andrew Romeo said the group "expects to play a major role" in driving Republican turnout but declined to disclose the budget details. He did, however, promise a "huge investment" in door-to-door outreach, digital advertising, and direct mail.

"We're excited to again be part of the team," Andrew Romeo, the spokesperson for America PAC, told Reuters in a statement.

Elon Musk revives Republican political spending

With Trump's public approval ratings declining and voters expressing dissatisfaction with the economy, Republicans face an enthusiasm gap with Democrats, who are seeking to regain control of both chambers of Congress. Musk's financial support could provide a significant boost to Republican efforts to mobilize voters.

Musk's renewed political spending marks a notable shift.

He spent nearly $300 million backing Trump and other Republican candidates in 2024 before a highly publicized falling out with the party.

BERLIN, GERMANY DECEMBER 01:  SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the
Unlike 2024, Elon Musk isn't expected to take as visible a front-facing role this cycle (Getty Images)

After stepping down from leading the Department of Government Efficiency, Musk spent months criticizing Trump's signature domestic policy bill and even suggested he might launch a third political party.

The rift, however, proved temporary. By last fall, Musk and Trump had repaired their relationship, and advisers quietly began preparing Musk for a return to political fundraising.

This election cycle, Musk is expected to maintain a much lower public profile than he did in 2024.

The change appears to stem from the backlash he faced after becoming heavily involved in a high-profile Wisconsin Supreme Court race in April 2025, where his preferred candidate ultimately lost.

Musk acknowledged he had gone too far, telling The Economist last week, "I think I got a little too involved in politics. I got carried away, frankly."

GRUENHEIDE, GERMANY - MARCH 22: German Chancellor Olaf Scholz (R), Brandenburg State Premier Dietmar
To execute the ground game, America PAC is lining up door-knocking firms and coordinating closely with allied outside groups (Getty Images)

Campaign finance records show America PAC has already spent $52.3 million on races since the start of 2025. Musk has personally contributed more than $85 million toward the midterm elections. The spending comes as SpaceX continues to derive about one-fifth of its revenue from federal contracts.

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