Elon Musk to spend up to $120 million on Republican Senate races despite saying he ‘got too involved in politics’

Elon Musk has authorized his super PAC to spend up to $120 million backing Republicans in the 2026 midterms, deepening the GOP’s financial edge over Democrats.

Elon Musk is once again opening his checkbook for Republicans, a striking reversal for a billionaire who spent much of the past year publicly at odds with the party and even floating the idea of starting his own.

According to The New York Times, 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 to help elect Republicans in November.

The outlet, citing two people briefed on the plans who spoke anonymously, reported that the effort will concentrate heavily on Senate races, with early targets including Alaska, Iowa, Maine, Michigan and Ohio, and possible involvement in Georgia, North Carolina and Texas.

The group told the Times it intends to be “active in battleground Senate and House races, both offensive and defensive,” promising what it called a historic get-out-the-vote operation. The strategy revives the playbook that made Musk the single largest donor of the 2024 cycle, when America PAC poured more than $260 million into Donald Trump’s return to the White House, largely through door-knocking, digital ads and direct mail aimed at low-propensity conservative voters.

The move deepens an already substantial financial imbalance heading into the fall. Republican super PACs and committees hold an advantage of more than $300 million over their Democratic counterparts, a figure that doesn’t even account for the roughly $400 million sitting in Trump’s MAGA Inc. operation. Musk’s injection only widens that gap.

The renewed alliance is notable given how sour things had gotten. Musk broke with Trump last year over Republican spending legislation and the repeal of electric vehicle tax credits, at one point threatening to launch a third party and lobbing personal attacks at the president. The two appeared to reconcile by the fall.

Even now, Musk seems aware of the optics. Just last week, he told The Economist that he felt he “got a little too involved in politics.” That sentiment now sits awkwardly alongside a nine-figure commitment. His spending will test whether money can offset a political climate that, amid Trump’s sagging approval on the economy, currently favors Democrats ahead of the Nov. 3 elections.