According to the New York Times, Musk has spent more than $ 276 million since early July on a massive mobilization campaign to help the Republican Party cope with the disadvantageous situation in the United States midterm election. This huge amount of money also made Musk the largest donor in the history of the United States midterm election. According to people familiar with the matter, Musk had also provided more undisclosed donations during the previous election. Another poll showed that about 69% of Democrats and 61% of Republicans opposed betting on the United States midterm election using prediction markets, betting platforms being pointed to as potentially opening up new channels for insider trading and manipulation.