Remember when billionaire Elon Musk and President Donald Trump were supposedly enemies? At the start of Trump’s second term, the world’s richest man, was busy ripping through nearly every level of the U.S. government with the Trump-approved Department of Government Efficiency. But by June 2025, the Wall Street Journal reported the pair had “torched” their relationship, which amounted to a lot of social media slapfights and accusations about who was in the Epstein files. But the truth is, the two men have a storied on-off relationship that seems to fluctuate based on who’s grabbing the check.
Lately, Musk and Trump are back to acting like close pals. It was hard not to cringe watching the president award Musk the National Medal of Science on Oct. 8, the highest honor the U.S. can bestow on a scientist or engineer. I was probably reading too much into it, but I sensed some awareness on Musk’s part that it was an empty gesture, unless inflating stock prices is a scientific achievement. But maybe the pageantry is meant to distract from how many government grants Musk has been awarded. According to multiple reports, Tesla and SpaceX basically would not exist without the government giving Musk’s companies wads of cash.
At any rate, Musk is now stepping in to try to save Trump’s allies in the midterms, dumping hundreds of millions into races, with Axios reporting he is “single-handedly keeping the Republican Party afloat in some of its most vital races.” So far, he’s spent some $366 million in pro-GOP midterm TV spots and other campaign efforts, with $276 million donated since July alone. No other known donor comes close to dishing out more funding. But for Musk that’s a relatively trivial amount, even though his fluctuating trillionaire status is currently hovering below the threshold for designation.
Some of Musk’s money went to his own super PAC, but a good chunk also to the Senate Leadership Fund and the Lone Star Liberty PAC, both of which are backing Texas GOP Attorney General Ken Paxton’s endangered campaign for the U.S. Senate against state Rep. James Talarico. Right now polling indicates that statewide election results in the Lone Star State are going to be extremely tight, with new data from the University of Texas/Texas Politics Project released Wednesday indicating Democrats are statistically tied in key races. It’s not just Talarico, who leads Paxton 50% to 47%, but Democratic state Rep. Gina Hinojosa holds a one-point lead over Republican Gov. Greg Abbott, which is effectively a tie. Trump is reportedly already searching for someone to blame if Democrats pick up their first Senate seat in Texas since 1988.
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Across the country, other races indicate a high likelihood that Democrats will retake the House, while the Senate still looking like a tossup. With these numbers, Musk is likely to dump even more cash into the election before Nov. 3, but it increasingly smells like desperation. As Alex Gibney, director of the new documentary “Musk,” recently told Salon’s Melanie McFarland, Musk is “literally paying for political advantage.”
“He’s spending way more now than he did for the presidential campaign in 2024, and in part that’s to get more money for himself in the form of military contracts,” Gibney said. “But also, he knows that a reckoning is coming for him if the Democrats take over the House and the Senate, and there’s going to be a lot of investigations into him for corruption and abuse of power, taking our information, particularly possibly relating to DOGE, and doing God knows what with it.”
It remains to be seen if this midterm meddling will pay off for Musk. He got what he wanted out of the 2024 presidential election by propping up Trump’s campaign, but his attempts to financially sway results in other races haven’t worked. In 2025, Musk dumped more than $18 million into a Wisconsin Supreme Court race, hoping to suborn the state’s redistricting efforts and regulations of car manufacturers and dealers. His influence made it the most expensive judicial race in U.S. history, but that still didn’t get him the outcome he wanted.
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Last Thursday, Musk settled a class action lawsuit alleging that his PAC had engaged in fraud in the 2024 presidential election by falsely telling voters they had a chance to randomly win $1 million when the winners were actually predetermined. He also dodged bribery charges in August for trying the same stunt in the Wisconsin Supreme Court election.
In the end, the results will all come down to voter appetites, and there are increasing indicators that the majority of Americans are fed up with the ultra-rich meddling in government. A recent Fox News poll indicates that corruption is the top concern among both Democratic and Republican voters, with 60% extremely concerned, a figure that outpaces inflation (58%), gas prices (50%), government leadership (49%) and healthcare (48%). Data from a Washington Post-ABC News-Ipsos poll released Sunday found roughly two in three Americans believe Trump is using the presidency to enrich himself, with most of the increase over the past year coming from people who lean Republican.
These numbers may indicate that people are starting to see through Musk’s ruse. He could probably pour even more money into politics, and probably will anyway, but there’s a glimmer of hope that it won’t accomplish much.
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