Billionaire Elon Musk is returning to big politics and is ready to finance the Republican campaign in the 2026 US midterm elections, The Wall Street Journal reports.
According to the newspaper, "the richest man in the world has already allocated 10 million dollars to the Senate candidate from the Republican Party, and his strained relations with US President Donald Trump have begun to settle." In recent weeks, Musk's political team is said to have held meetings with potential contractors to work on digital projects and messaging.
According to the newspaper, in 2024 Musk spent almost $300 million to support Trump and the Republicans, becoming the largest public political donor in the United States. The current rapprochement, according to the newspaper, is seen as a pragmatic alliance that allows Musk to maintain a direct link of influence with the administration, and the White House to use its financial resources and technical infrastructure.
