Elon Musk to spend up to $120 million on Republican Senate races despite saying he ‘got too involved in politics’

https://thegrio.com/2026/07/30/elon-musk-120-million-republicans-2026-midterms/

123 points · 11 comments · view on lemmy.world

11 Comments

Archangel1313@lemmy.ca · 23 pts · 13d (1 reply)

Well, yeah. He knows what's going to happen to him as soon as Republicans lose control of Congress.

Sciaphobia@sh.itjust.works · 10 pts · 13d

I'm not sure he's worried about that at all, though I hope it's the case he should be. I think it more likely he wants less cameras around when he does Nazi salutes.

joekar1990@lemmy.world · 12 pts · 13d (2 replies)

What?! I can't believe it Elon lied to us! Who could have seen this coming!?... /Sarcasm

raze2012@lemmy.world · 7 pts · 13d (1 reply)

He never said he'd stop. He did say he'd take a step back.... He did for a month and now he's back on it like ketamine.

gdog05@lemmy.world · 6 pts · 13d

Back on it like his dad on his stepsister.

Treczoks@lemmy.world · 10 pts · 13d (1 reply)

Keep in mind that those amounts are still small change for him.

prole@lemmy.blahaj.zone · 6 pts · 13d

It's 0.012% of $1 trillion.

So imagine you have $10,000 in your bank account. This would be like giving away $1.20.

I did that math quick so someone correct me if I'm wrong

MummifiedClient5000@feddit.dk · 3 pts · 13d

Spend? No.

Invest.

Quacksalber@sh.itjust.works · 3 pts · 13d

Well, he doesn't get involved in politics anymore. His money however is an entirely different thing alltogether. Now, he's just like any other billionaire in this aspect.

NateNate60@lemmy.world · 2 pts · 13d

He said that because he thought his involvement in politics had cost him money. It damaged Tesla's brand image and hurt its sales. He thought that this could cause his wealth to decrease. That Tesla's share price would go down. That the markets would punish him for his folly.

It did not.

He has instead found himself richly rewarded for it.

KelvarCherry@piefed.blahaj.zone · 1 pts · 13d

"Trump said" "Elon said" these people chain-post endlessly. At the end of the day, they have less recollection of what they posted than a TikTok addict of what they scrolled through.