(FILES) Elon Musk looks on during a Cabinet Meeting in the Cabinet Room of the White House March 24, 2025 in Washington, DC. Elon Musk, the world's richest person, is preparing a major spending push to help Republicans retain control of Congress in November's midterm elections, Axios reported on July 30, 2026. The reported splurge will revive the political operation that made Musk the biggest financial backer of Donald Trump's stunning return to power in the 2024 presidential election. (Photo by Brendan Smialowski / AFP via Getty Images)