American billionaire and entrepreneur Elon Musk is returning to big-time US politics, preparing to finance Republicans in the 2026 midterm elections. This was reported on January 23 by The Wall Street Journal (WSJ).
Elon Musk is opening his wallet and relaunching his political apparatus for the 2026 midterm elections, signaling a return to the political arena months after hinting at retiring to run his business empire.
According to the WSJ, Musk has already donated $10 million to the Republican Senate candidate and is restoring relations with US President Donald Trump. His political team holds meetings with potential contractors, focusing on digital technologies and mailing lists.
Musk is reportedly focusing on turning Trump voters into permanent voting participants at all levels. Top Republicans, including U.S. Vice President Jay Dee Vance, are encouraging his participation to protect the party's narrow majority in Congress. Since 2025, Musk has contributed about $42 million to political funds.
