Elon Musk is expected to back the GOP in next year’s midterms with a financial package that could give the Republican Party a “huge boost.”
Insiders speaking to Axios claim the Tesla CEO could offer his support to Donald Trump and the Republican Party at the 2026 election, despite previously saying he would create a third party. Musk had enjoyed a close relationship with the Trump administration at the start of this year, though it soon soured. The president and Musk were spotted dining together alongside Cristiano Ronaldo recently, and it appears their relationship has been mended, Axios reported.
It appears the dinner did wonders for how Musk feels about the GOP and Trump, with insiders suggesting the money donated to the party’s election efforts could be a massive aid.
Imagine a world where “money = speech” reconciled with the notion that when it comes to elections, everyone should have an equal voice, and the result is that a fixed amount of money was made available to candidates, split evenly among every citizen, and we were able to choose who our portion went to. No outside funding period.
Apparently Brazil passed such legislation. They have a national electoral fund that they use to fund electoral campaigns. Individual citizens can donate up to 10% of their income to the fund per year.
Funny enough some states in the US also had such laws but they were declared unconstitutional by the Supreme Court.