Elon Musk spent over $290 million on the 2024 election, supporting President Donald Trump and Republicans, reshaping the federal government. The filings show political committees raising millions for the 2026 midterms, with key battleground states gearing up for tough races.
Key Points
Elon Musk spent over $290 million on the 2024 election
He supported Trump and Republicans through various political contributions
Musk's main super PAC, America PAC, received a significant portion of his donations
He is now part of the Trump administration's 'Department of Government Efficiency'
Political committees affiliated with Trump raised millions for future political endeavors
Pros
Boosted President Donald Trump and Republicans
Secured unprecedented access in the new administration
Supported GOP candidates and reshaped federal government
Cons
Massive political spending by one individual
Concerns raised over influence in politics
Legal challenges related to voter registration incentives