US Midterms Election: Inside Elon Musk’s $445 Million Political Spending Spree

US Midterms Election: Inside Elon Musk’s $445 Million Political Spending Spree

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Business Today
  • Updated Nov 3, 2026 4:51 PM IST

Elon Musk is making a massive financial push ahead of the November 3 US midterm elections. The world’s richest man is reportedly spending at a rate of around $3.6 million a day, with more than $445 million directed towards Republican-aligned Super PACs during this election cycle. His contributions have placed him at the centre of the money race shaping the midterm campaign. But does a huge financial investment translate into votes and electoral success? This report examines Musk’s political spending, his support for Republican causes and the larger question of how far campaign money can influence the outcome of an election.

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