Overview
- On New Year’s Day, Musk posted on X that “America is toast if the radical left wins,” replying to a claim that he is going all‑in to fund Republicans in the 2026 midterms.
- Axios reported, citing two sources, that Musk has recently cut large checks to GOP House and Senate campaigns and intends to give more during this cycle.
- The precise amounts of Musk’s new donations are not yet public and are expected to appear in campaign finance filings later this month.
- Musk was the largest political donor in 2024, contributing roughly $290–291.5 million to support President Trump and other Republicans.
- After a 2025 rupture over Trump’s spending bill and talk of an ‘America Party,’ Musk’s ties with Trump have partially recovered, with Vice President J.D. Vance credited for helping repair relations; Musk has also signaled he could fund primary challenges to Republicans who backed the bill.