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Tech · October 16, 2026

Elon Musk Is Almost Single-Handedly Funding the Republican Midterms Push

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Elon Musk recently demonstrated a prototype for the second-generation Tesla Roadster at a SpaceX testing facility in Texas. The vehicle, a collaboration between Tesla and SpaceX, utilizes cold-gas thrusters and suction technology to perform stunts, including jumping over other cars and briefly hovering. While the demonstration showcased extreme acceleration (0-60 mph in under a second), Musk noted that production has been delayed until 2028—eight years after the original target. The 'Rocket' version, capable of the demonstrated maneuvers, is not approved for public road use and will be available by invitation only. Concurrently, news reports highlight Musk's extensive financial role in the upcoming midterm elections, including over $230 million in contributions to Republican-aligned PACs.

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Reported by multiple outlets

  • Tesla demonstrated a Roadster prototype that uses SpaceX-inspired cold-gas thrusters.
  • The demonstration took place at a SpaceX testing facility in Waco, Texas.
  • The vehicle performed a jump over five other parked Tesla vehicles.
  • Production of the Roadster is now scheduled to begin in 2028.
  • The car achieved a 0-60 mph time of less than one second during the event.
  • The 'Rocket' version of the car is not approved for public road use.
  • Musk has spent hundreds of millions of dollars to support Republican candidates in the 2026 midterms.

Reported by only some outlets

  • Musk claimed the vehicle will have a top speed of about 383 mph.
  • The projected battery range has been reduced from 600 miles to 300 miles.
  • The 'Rocket' variant removes the passenger seat to fit ultra-high-pressure gas tanks.
  • Musk provided nearly 60 percent of the $273 million raised for Texas PAC.
  • America PAC has spent $76.7 million in the third quarter of 2026.
  • The 'Thrust' version requires a $250,000 deposit.

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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.