On July 29th, the American news website Axios revealed that American entrepreneur Elon Musk plans to invest heavily to help the Republican Party in the midterm elections.
Reports say that Musk will resume the operation of the previously suspended “America PAC”. This committee invested over $260 million to help Trump win the 2024 presidential election.
Sources familiar with the matter revealed that the American Political Action Committee will focus on door-to-door campaigning, online advertising, and direct mail promotions, to mobilize conservative voters who are typically reluctant to vote in non-presidential election years.
Musk's representative did not disclose the exact amount of his investment. However, considering his donation scale in 2024, it is estimated that this investment will be a significant amount.
Trump’s senior political advisor stated that the American Political Action Committee is an indispensable partner for voter mobilization efforts in 2024. The organization’s return to the 2026 election battlefield is a significant advantage for the entire Republican Party across the United States. “From now until the election day, we will once again defeat our opponents and firmly achieve our goal of supporting the Republicans.”
According to reports, Trump’s popularity continues to decline. He is particularly controversial on issues related to the economy and the conflict in Iran. Whether the Republican Party can maintain control of the House of Representatives or even its seats in the Senate will be subject to significant uncertainties in the November elections. In this context, Musk’s investment will further widen the funding gap between the Republican Party and the Democratic Party.