Elon Musk signals funding for Republicans in 2026 midterms, warning America is “toast” if Democrats win; he was 2024’s biggest political donor.
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Moneycontrol02-01-2026, 23:33

Elon Musk Warns 'America is Toast,' Hints at Funding Republicans for 2026

  • Elon Musk signaled plans to fund Republican candidates for the 2026 US midterm elections.
  • He warned "America is toast" if "radical left" Democrats regain control, citing concerns over illegal immigration and fraud.
  • Musk's past record as the largest political donor in 2024 (around $288 million) gives weight to his hints.
  • His New Year's post on X included a clip with Donald Trump, indicating a renewed political alignment.
  • Musk may also fund primary challenges against Republican incumbents who supported Trump's "One Big Beautiful Bill Act."

Why It Matters: Elon Musk signals significant financial backing for Republicans in 2026, warning against Democratic control.

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