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Elon Musk Said He’d Spend Less on Politics. Now He's Donating Again

Musk plans to fund the GOP with a financial package after repairing ties with Trump, following a $291 million investment in the 2024 election, insiders said.

  • On December 16, 2025, Axios reported that Elon Musk has started giving large donations to the Republican Party's House and Senate campaigns for the 2026 midterms and plans more funding throughout the cycle.
  • After private meetings this year, Elon Musk's relationship with President Donald Trump warmed following a November White House dinner and a meeting with Vice President JD Vance and Jared Birchall, Axios reported.
  • Previously, Elon Musk was the largest donor in the 2024 election cycle and played an early role in creating the Department of Government Efficiency during President Donald Trump's second term.
  • Musk's donations could give the Republican Party a "huge boost" in next year's midterms as he returns to the GOP's camp, positioning himself as a traditional donor to campaign arms and super PACs.
  • Reporting shows Department of Government Efficiency inflated savings from ICE and USAID, with Elon Musk calling the effort `a little bit successful`.
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Elon Musk began to finance the campaign of the Republican Party for the House of Representatives and Senate in the context of the 2026 parliamentary elections, signaling that his relationship with President Donald Trump was improved after the sharp break since the beginning of this year, according to sources of Axios.

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Latin Times broke the news in New York, United States on Tuesday, December 16, 2025.
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