BlockBeats News, July 30th, according to Axios, Musk is intervening in the midterm elections with a large-scale investment plan aimed at increasing Republican voter turnout. The report states that Musk is reviving his previously suspended super PAC "America PAC." The committee had spent over $260 million in 2024 to help Trump win the presidency.

According to sources, the committee will focus on door-to-door canvassing, digital advertising, and direct mail campaigns to mobilize the conservative base, including voters who are usually reluctant to vote in non-presidential election years. Musk's representatives have refused to disclose the specific amount of expenditure, but considering his donations in 2024, it is expected that this investment will be substantial.

Musk's investment will further expand the Republican Party's financial advantage over the Democratic Party. Currently, Trump's low approval ratings on issues such as the economy and the Iran conflict have put the prospects of Republicans retaining the majority in the House and Senate in the November 3rd election at risk.