Amid the news that Elon Musk wants to merge Tesla and SpaceX, he is spending roughly $369 million on midterms races. That money could have an impact on some of the closest races in the country, like the Texas Senate race.

On today’s Big Take podcast, host David Gura is joined by Dana Hull, who covers Tesla and Elon Musk, and campaign finance reporter Bill Allison to discuss the value proposition of such massive spending for Musk and his empire. 

Read more:

• Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race
• Elon Musk PAC Ramps Up Midterms Spending to Help Republicans
• SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger

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Host: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.