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Trump & Musk Rebuild Alliance for Midterms

Wall Street Journal Markets •
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After a public fallout, President Trump and Elon Musk have returned to cordial relations. On a flight to Beijing, Musk announced that he plans to spend at least $100 million to help Republicans secure control in the upcoming midterms. This reunion followed months of back‑channel diplomacy led by Vice President JD Vance and a shared understanding that both leaders risk losing influence if Democrats take power.

Our reporting explores how two of the world’s most powerful figures quietly mended one of modern politics’ most volatile partnerships—and what each stands to gain ahead of the high‑stakes election. The White House had been hoping for news that would shore up Republican positions as the election cycle accelerates. Unique insights reveal how personal and political calculations intersected to revive a partnership that once seemed irreparable.

The timing underscores the growing importance of cross‑party collaboration when national priorities and electoral outcomes collide. As the midterm calendar tightens, observers watch closely how this alliance could shape legislative agendas and campaign strategies across the country.