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You are here: Home / 2026 Campaign / Elon Musk Plans at Least $100 Million in Midterm Spending

Elon Musk Plans at Least $100 Million in Midterm Spending

July 30, 2026 at 1:12 pm EDT By Taegan Goddard Leave a Comment

“Elon Musk, a year after voicing deep frustration with the Republican Party and threatening to start a third party, appears to be back in the fold and prepared to spend big in the midterms to help GOP candidates,” the New York Times reports.

“Mr. Musk, the world’s richest person, has authorized his super PAC to spend $100 million to $120 million on a new field program in at least eight states to help elect Republicans in November.”

Musk recently admitted he got “carried away” with politics. His apparent solution is to spend another $100 million on politics.
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Filed Under: 2026 Campaign, Campaign Finance, Republicans

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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