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Elon Musk super PAC targets key Senate races after Johnson meeting
CNBC • • nation
Key Points:
- Elon Musk's super PAC, America PAC, has disclosed spending over $800,000 on seven key Senate races and several competitive House districts ahead of the midterm elections, focusing primarily on Republican candidates.
- Nearly 90% of the funds were directed toward Senate races, with the largest expenditure in Texas supporting Republican Ken Paxton against Democrat James Talarico, who has significantly outspent Paxton in advertising.
- Significant spending also occurred in Maine, Ohio, New Hampshire, Iowa, Michigan, and Alaska, primarily on mail advertising, with smaller amounts allocated to eight House races favoring Republican incumbents and challengers.
- The disclosure follows a reported meeting between House Speaker Mike Johnson and Musk, amid Musk's previous substantial financial support for Republicans and recent authorization of up to $120 million for a Republican field program in the 2024 midterms.
- Despite earlier indications that Musk planned to reduce his political spending, his super PAC’s recent activity and renewed ties with Republican leaders suggest a continued, though currently modest, investment in the midterm elections.
