• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
PoliticsElon Musk

Elon Musk wants Kevin McCarthy to be speaker of the House and Ron DeSantis to be president

Steve Mollman
By
Steve Mollman
Steve Mollman
Contributors Editor
Down Arrow Button Icon
Steve Mollman
By
Steve Mollman
Steve Mollman
Contributors Editor
Down Arrow Button Icon
January 5, 2023, 12:14 PM ET
Tesla CEO Elon Musk has thrown his weight behind Republicans Kevin McCarthy and Ron DeSantis.
Tesla CEO Elon Musk has thrown his weight behind Republicans Kevin McCarthy and Ron DeSantis. CARINA JOHANSEN—NTB/AFP/Getty Images
Add Fortune on Google for similar content.

Elon Musk is wading into politics—and letting his thoughts be known. The billionaire Tesla, SpaceX, and Twitter CEO indicated in November that he would support Florida Gov. Ron DeSantis for president, and today he threw his weight behind GOP lawmaker Kevin McCarthy as House speaker. That follows him urging his more than 110 million Twitter followers to vote Republican in the midterms a day before voters went to the polls.

This week, McCarthy has failed repeatedly in his bid to become House speaker, with right-flank conservatives led by the Freedom Caucus refusing to vote for him. (The last time a speaker candidate didn’t win the first vote was 100 years ago.) Incoming lawmakers cannot be sworn in until the position is filled. President Joe Biden called the political chaos on Capitol Hill “embarrassing,” while House Democrats shared images of popcorn while likening the GOP drama to a big-screen spectacle.

Musk tweeted today, “Kevin McCarthy should be Speaker.”

Musk and McCarthy have joined forces in the past. SpaceX has operations in Bakersfield, Calif., which falls within the GOP lawmaker’s district. In August, Musk attended a private Republican fundraiser retreat in Wyoming hosted by McCarthy, with whom he led a fireside chat.

In early 2020, Musk complained that Democrat-led California, where he lived at the time and where Tesla was based, “used to be the land of opportunity” but had become “the land of taxes, overregulation, and litigation.” Later that year, he announced that he had moved to Republican-led Texas. Tesla meanwhile has plans to expand its gigafactory in the state, where SpaceX’s new Starship vehicle is also located.

He added at the time, “Silicon Valley, or the Bay Area, has too much influence on the world, in my opinion. The Bay Area has outsized influence on the world.”

In November, McCarthy accused the White House of unfairly targeting new Twitter owner Musk for his political views: “The government’s going to go after someone who wants to have free speech? What do they have to look at Twitter about? I think the American public had spoken on this, I think our First Amendment stands up, and I think they should just stop picking on Elon Musk.”

Musk ‘disappointed’ in Biden admin

That same month, Musk replied “yes” when asked whether he’d support a DeSantis run for the White House. 

“My preference for the 2024 presidency is someone sensible and centrist,” he tweeted on Nov. 25. I had hoped that would [be] the case for the Biden administration, but have been disappointed so far.” 

He added, “As a reminder, I was a significant supporter of the Obama-Biden presidency and (reluctantly) voted for Biden over Trump.” Musk has been angry in the past about what he perceives as Biden snubbing Tesla when he mentions major EV manufacturers.

DeSantis has not announced a White House bid but is widely expected to do so after Florida’s legislative session in the spring or summer. Several polls have shown him leading Trump in a head-to-head matchup for the GOP nomination.

Both DeSantis and Musk have spoken out against what they see as the “woke agenda.” DeSantis said in his midterms victory speech that “Florida is where woke goes to die,” and Musk tweeted last year that “the woke mind virus is making Netflix unwatchable.” He also reinstated the Twitter account of the right-wing satire site Babylon Bee, which had been banned after the misgendering of Rachel Levine, the U.S. assistant secretary of health and a trans woman. 

Musk’s ex-wife, Talulah Riley, has previously urged him to “do something to fight woke-ism” and was especially concerned about the suspension of the Babylon Bee account, asking, “Why has everyone become so puritanical?”

Just before the midterms, Musk wrote to his followers on Twitter: “To independent-minded voters: Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the presidency is Democratic.” 

The much-anticipated “red wave” failed to materialize, however, with Democrats gaining a seat in the Senate, while Republicans eked out just enough votes to retake control of the House. 

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today’s executives. Subscribe here.

About the Author
Steve Mollman
By Steve MollmanContributors Editor
LinkedIn iconTwitter icon

Steve Mollman is a contributors editor at Fortune.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Trump’s Iran war provoked the Senate enough to get it to symbolically vote to curb his war powers for the first time
PoliticsDonald Trump
Trump’s Iran war provoked the Senate enough to get it to symbolically vote to curb his war powers for the first time
By The Associated PressJune 24, 2026
5 hours ago
Asia’s defense boom is rewiring the global arms supply chain
Commentaryarms, weapons, and defense
Asia’s defense boom is rewiring the global arms supply chain
By Chris OberoiJune 24, 2026
6 hours ago
Wind turbines on yellow grass
Environmentwind power
California threatens to hit Trump with lawsuit if he doesn’t revive massive wind farm project off central coast
By Jennifer McDermott and The Associated PressJune 24, 2026
6 hours ago
Why Zohran Mamdani’s big night as the Democratic party’s new kingmaker matters for every Fortune 500 CEO in every city and state
PoliticsPolitics
Why Zohran Mamdani’s big night as the Democratic party’s new kingmaker matters for every Fortune 500 CEO in every city and state
By Catherina GioinoJune 24, 2026
6 hours ago
Warren leans in to talk to Scott
PoliticsHousing
Congress’s landmark housing bill could backfire on millions of renters
By Jacqueline MunisJune 24, 2026
7 hours ago
President Donald Trump pictured in September 2025 signing an executive order that overhauled the H-1B visa program.
EconomyImmigration
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
8 hours ago

Most Popular

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
20 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
12 hours ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
20 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
13 hours ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.