Cointime

Download App
iOS & Android

US media: Musk will fund Republican Party in the 2026 midterm elections.

according to the AXIOS website, Elon Musk has begun funding the Republican Party's campaigns for the House and Senate in the 2026 midterm elections, indicating that his relationship with Trump has gradually thawed after a fierce conflict earlier this year. Musk previously threatened to form a third party and support candidates challenging incumbent Republican lawmakers during his dispute with Trump, but now he has firmly returned to the Republican camp. According to two insiders, the tech billionaire recently donated a large sum to help the Republicans win next year's congressional elections and stated that he will continue to provide more funding throughout the 2026 election cycle.

Comments

All Comments

Recommended for you

  • Metaplanet Independent Director Responds to Series 10 Warrant Controversy: Purchased, Not Granted for Free

    On September 30, according to Bitcoin Treasuries, an independent director of Metaplanet, a publicly listed Bitcoin treasury company in Japan, responded to the controversy surrounding the Series 10 executive stock warrants. The director stated that the team purchased the warrants at fair value when the company's financial situation was unclear, emphasizing that 'this is a potentially loss-making investment, not a free grant.' Focusing solely on the exercise price overlooks the actual payment amount, associated risks, the multi-year vesting period, and subsequent lock-up and exercise restrictions.
  • Bitwise Spot NEAR ETF (NRR) First Day: $36 Million AUM, $35.5 Million Net Inflows

    On September 30, Bitwise announced that its first spot NEAR ETP, the Bitwise NEAR ETF (ticker NRR), had impressive trading data on its first day of listing: assets under management (AUM) reached $36 million, with net inflows of $35.5 million and trading volume of $15.1 million. Bitwise stated that the strong start for NRR marks an important milestone for the NEAR Protocol.
  • Spot Gold Surpasses $4,200

    On September 30, spot gold reached $4,200 per ounce, increasing by 0.44% during the day.
  • BTC Falls Below $83,000

    Market data shows that BTC has fallen below $83,000, currently priced at $82,994.05, with a 24-hour decline of 1.07%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Dubai Flight Suspected of Hijacking, Israeli Jets Intercept

    On September 30, Israeli Channel 12 reported that a Flydubai flight from Dubai to Tel Aviv issued an emergency code 7700 and a hijacking code 7500 earlier today. Israeli Air Force jets have taken off urgently to intercept the flight. The aircraft circled over Jordan before diverting towards Saudi Arabia, with approximately 180 passengers on board. Israeli authorities are currently unable to establish contact with the plane, and the flight is not permitted to land in Israel. Israeli Prime Minister Benjamin Netanyahu, Defense Minister Katz, and Transportation Minister Miri Regev are currently holding emergency consultations regarding the situation.
  • Robinhood Launches Perpetual Contracts for U.S. Traders

    On September 30, Robinhood launched perpetual contracts (Perps) for U.S. traders. These contracts have no expiration date, support round-the-clock trading, and allow users to customize leverage up to 10:1. With this product launch, Robinhood becomes the first mainstream brokerage to offer trading services across all six major asset classes on a single platform, including stocks, options, cryptocurrencies, futures, prediction markets, and perpetual contracts.
  • BTC Briefly Drops Below $83,000

    Market data shows that BTC briefly fell below $83,000, currently priced at $83,010.77, with a 24-hour decline of 0.01%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Trump: Iran is Facing Severe Defeat, Oil Prices Will Drop Significantly

    On September 29, U.S. President Trump stated that Iran is facing severe defeat and will soon come to an end. Oil prices will drop significantly.
  • Trump: To Sign Strong Executive Order on Artificial Intelligence

    U.S. President Trump: To sign a strong executive order on artificial intelligence. (Jin Shi)