Elon Musk is reportedly preparing to help Donald Trump. The billionaire owner of companies such as Tesla and SpaceX is said to be ready to back Republican candidates in the upcoming midterm elections with a large investment — similar to the support he provided during the 2024 presidential campaign, which the article says contributed to Trump’s return to the White House and the defeat of Democratic candidate Kamala Harris, who had succeeded Joe Biden.

According to Axios, Musk is reactivating his super PAC, America PAC, which in 2024 raised and spent more than $260 million to support the GOP. The report says he may write a substantial check to help prevent the Republican administration from emerging weakened by the midterms, which could alter the balance of power in the United States.

After the 2024 elections, Trump appointed Musk to oversee the so‐called “Doge,” a department created to improve efficiency and cut spending. That initial cooperation was short‐lived: Musk quickly left the role and began criticizing the president’s actions. Relations now appear to have improved again, leaving open the possibility of further changes.