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

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

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

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&rsquo;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.&nbsp;
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-15/musk-pours-158-million-into-gop-super-pac-for-texas-senate-race?srnd=undefined">Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-09-25/elon-musk-pac-spends-20-million-as-democrats-make-him-election-foil?srnd=undefined">Elon Musk PAC Ramps Up Midterms Spending to Help Republicans</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-20/spacex-profit-beats-estimates-on-big-jump-in-ai-business-revenue">SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Musk Is Spending Big to Help Republicans — Here’s What He Wants

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/591346cd-3757-46d4-b78d-b4ea0168b122/transcript