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

Trendingnow

1

Travis Kelce joined an activist group pushing Six Flags to consider a sale. The ‘Final Destination’–style death of a patron poured gas on the fire

2

Suddenly, Wall Street is worried that the U.S. economy is more ‘vulnerable’ than it looks

3

Startup Abby Care raises $82 million to turn family members into paid caregivers

1

Travis Kelce joined an activist group pushing Six Flags to consider a sale. The ‘Final Destination’–style death of a patron poured gas on the fire

2

Suddenly, Wall Street is worried that the U.S. economy is more ‘vulnerable’ than it looks

3

Startup Abby Care raises $82 million to turn family members into paid caregivers
PoliticsU.S. midterm elections

Elon Musk spent $158 million on GOP leadership. Dem candidate James Talarico says rallygoers are ‘my slingshot’ against the ‘Goliaths’ to win Texas

By
The Associated Press
The Associated Press
and
Jesse Bedayn
Jesse Bedayn
Down Arrow Button Icon
By
The Associated Press
The Associated Press
and
Jesse Bedayn
Jesse Bedayn
Down Arrow Button Icon
October 16, 2026, 10:37 AM ET
Democratic U.S. Senate candidate Texas state Rep. James Talarico speaks during a campaign event in San Marcos, Texas.
Talarico is trying to become the first Democrat to win statewide in over 30 years.AP Photo/Eric Gay
Google source logo
Add Fortune on Google for similar content.

At a packed rally in Texas on Thursday, James Talarico compared his U.S. Senate campaign to David — who fought Goliath — as the Democrat faces more than $158 million in outside spending by Republican leadership and the world’s richest man, Elon Musk.

Recommended Video

Talarico told rallygoers under bright lights that David may not have had Goliath’s strength, but he had a slingshot.

“You are my slingshot,” he continued, without mentioning Musk or the other spending against him. “We are going up against our own Goliaths.”

The description falls in line with Talarico’s past rhetoric painting politics not as right versus left, but the ultrawealthy versus everyone else, as he tries to become the first Democrat to win statewide in over 30 years. Talarico’s own campaign has raised record amounts of money in one of the nation’s more expensive and competitive Senate races.

The national conversation around Talarico’s campaign has evolved over the past months. Initially, the state lawmaker was considered just the latest of several Democratic candidates over the past years who gave the party a hope of flipping Texas, only for that hope to deflate come Election Day.

Now, Talarico is seen as a real contender to win the seat against Republican candidate Ken Paxton. Talarico’s success so far can partly be chalked up to voters’ apprehensions toward Paxton, who faced questions in his past over corruption, including being impeached by his own party in the Texas legislature. He was later acquitted.

Texas will help decide control of the US Senate

While outside spending in support of Paxton has flooded the Texas airwaves with ads, Talarico’s campaign itself has outpaced Paxton’s in fundraising from donors eager for Texas to forgo its solidly Republican title.

The prospect of a flagship GOP state turning blue doesn’t just fill Democrats with glee and Republicans with alarm. Whoever wins will help determine which party controls the Senate in President Donald Trump’s final two years in office, making it either smooth sailing for Trump or a bog of investigations and opposition.

Talarico, a seminarian and state representative, has also tread a very careful path — as nonpartisan as he can — from the major metros that already tilt Democratic, along the border towns that flipped from blue to red last election, and to the rural Republican high plains and desert.

The candidate has distanced himself from former President Joe Biden’s administration and his own party, and while progressive Sen. Bernie Sanders is coming to Texas this month, he won’t be sharing a stage with Talarico.

Talarico’s talk of affordability resonated at rally

Talarico’s strategy is to take direct aim at what voters say they are most concerned about: the costs that have inexorably grown for years. That unaffordability, Talarico argued at the nighttime rally in Texas that was packed with younger voters, is because billionaires and corrupt politicians have rigged the system. It resonated.

“They think that they can buy us, and that they can essentially be the kings of the country,” said Kaitlyn Johnson, a 29-year-old bartender who attended the rally.

Johnson felt that Talarico put words to that feeling she’d held for a while, and the high costs keep nagging at her, too.

“I make decent money,” she said, “but there’s no way in hell that I’m going to be able to buy a house anytime soon.”

Paxton has backing from Musk, Trump

Trump and Republicans are well aware of Talarico’s ability to connect with voters, and of Paxton’s struggles to find purchase in what would otherwise be a relatively easy race for a Republican. The president has made several trips to Texas to rally for Paxton.

Paxton has received significant financial support from Musk, who last year headed Trump’s Department of Government Efficiency. Musk contributed $158 million to the Senate Leadership Fund, federal campaign spending filings showed Thursday. The Senate Leadership Fund gave $158 million to Texas PAC, the largest contributor to Paxton’s campaign.

Musk also provided $10 million to Lone Star Liberty PAC, a group that supports Paxton.

The rally Thursday in the small city of San Marcos south of Austin follows nine days earlier this month when Talarico was out of the public eye due to the flu. His absence sparked a swirl of conspiracies online, including the false claim that he was at a mental health treatment center in Ohio. Shared by conservative social media influencers, the claim quickly fell apart at closer inspection.

___ Associated Press reporters Thomas Beaumont and Joey Cappelletti contributed.

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.
About the Authors
By The Associated Press
See full bioRight Arrow Button Icon
By Jesse Bedayn
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in Politics


Most Popular

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
  • TikTok icon
  • YouTube icon

    Recommended For You

    © 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.