U.S. President Donald Trump and billionaire Elon Musk are ramping up Republican spending less than eight weeks before the Nov. 3, 2026, midterm elections, as Democrats show greater motivation to vote and Republicans risk losing control of at least one chamber of Congress. Trump said he planned to allocate $400 million to $500 million to support Republicans. The Trump-affiliated No Going Back super PAC (independent political committee) has reserved more than $24.9 million in television advertising across Alaska, Georgia, Michigan, North Carolina, New Hampshire and Ohio, according to AdImpact. Musk’s America PAC and Trump’s MAGA Inc. have separately spent $2.4 million and $10 million on the Texas Senate race, where Attorney General Ken Paxton trails Democratic state lawmaker James Talarico by 2.1 percentage points in Silver Bulletin’s polling average. America PAC has also spent more than $7 million on digital ads, text messages, voter calls, mailers and printed materials. No Going Back registered with the Federal Election Commission on Sept. 1, and its donor disclosures will be delayed until late October. The group shares a treasurer, phone number and address with MAGA Inc. but is not formally affiliated with it, a structure Republican strategist Ron Bonjean said could distance Trump’s brand from advertising aimed at independent voters. Trump also proposed a $5,000 "Trump dividend" for every U.S. adult if Republicans win Congress, though the proposal’s mechanics and legality were unclear.