Tangent

Republicans risk losing their slim majorities in the House and Senate this year, driven partly by Trump’s sagging poll numbers, which show ongoing discontent with the economy and Republicans souring on the Iran war. Democrats lead Republicans by eight points on the generic congressional ballot, according to a CNN poll released Wednesday, and have a 20-point advantage among those who say they are extremely motivated to vote. Meanwhile, Trump’s poll numbers have fallen to record lows in several surveys released this week.

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Key Background

Musk spent more than $260 million to elect Trump in 2024, making him the largest political donor in history. His resurgence in GOP politics comes after his grievances with the Trump administration and the party seem to have cooled. He denounced the GOP and vowed to start his own party after exiting the Trump administration last year following a stint leading the Department of Government Efficiency, but has since repaired his relationship with Trump somewhat. Musk deleted some of his more inflammatory statements about Trump last year, including ones calling for his impeachment and tying Trump to Jeffrey Epstein, and tweeted that he regretted some of his posts. Musk has appeared publicly with Trump on several occasions since, including accompanying him on a trip to China earlier this year. Musk told The Economist last week he thinks he “got a little too involved in politics, got carried away frankly,” and he told Bloomberg in May last year, “in terms of political spending, I’m going to do a lot less in the future.”

further reading

The Musk Vs. Trump Feud Latest: Richest Man Trolls President Over ‘Epstein List’—Again (Forbes)

Read more Trump Media’s Nearly 50% Rally Adds $600 Million To President’s Net Worth

Musk Says He Regrets His Posts Bashing Trump Last Week—‘Went Too Far’ (Forbes)

Wisconsin Officials Find Probable Cause Elon Musk Violated Election Bribery Laws (Forbes)

Read more Trump’s Low Approval Rating Is Getting Even Worse: Here’s Why

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