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Donald Trump standing in front of American flag Brendan SMIALOWSKI / Getty Images

'We'll have to protect them': Trump says he'd give SpaceX CEO Elon Musk a pardon if Dems win control of Congress

President Donald Trump said he’d be willing to offer pardons to Elon Musk and other close allies if the Democrats win Tuesday’s midterm elections.

The president made the comments during an interview with the New York Post released on Nov. 2. Trump dismissed a suggestion that Democrats would attempt to nationalize Musk’s SpaceX and said he would be willing to offer pardons to any of his allies targeted by investigations.

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“If they do it, we’ll just have to protect those people,” the president told conservative commentator Miranda Devine on her “Pod Force One” podcast.

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The president also confirmed that he’d be willing to issue preemptive pardons if needed, citing Former President Joe Biden’s protective pardon of his son, Hunter, and several government officials who he believed would be targeted by the incoming Trump administration.

“That’s what Biden did. He gave everyone a pardon…I would if I needed to, sure. I would not even think about it, I’d do it. I did it for J6.” Trump said, referring to the sweeping pardons he issued for those investigated in relation to the Jan. 6 attack on the U.S. Capitol.

Democrats eye investigations

Several Democrats have already floated the idea of launching investigations into Musk and his ties to the administration.

Politico reported in October that the Democrats are eyeing possible probes into Musk’s time leading the Department of Government Efficiency (DOGE), the government contracts SpaceX and Tesla have been awarded and his alleged role restricting SpaceX’s networks in Ukraine.

According to an analysis posted by Democracy Defenders Fund, in the 17 months since Musk has left DOGE, his companies have received at least $10 billion in new government contracts and grants. He’s also received regulatory relief — at least 11 executive departments and 14 independent agencies have taken actions that benefit his businesses.

This includes fast-tracked SpaceX contracts from the Pentagon, FCC action allowing Starlink to compete in the mobile-carrier market and arguments from the Justice Department against citizen groups suing Musk over alleged environmental violations.

Some Democrats have already demanded Musk testify under oath about claims DOGE overstated its government savings.

“Elon Musk and his DOGE cronies stirred up chaos, ruined careers, and played a large role in illegal grant cancellations and firings of civil servants,” Rep. Zoe Lofgren of California said in a statement, according to Politico.

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SpaceX and Tesla did not respond to Musk’s request for comment in time for publication.

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Musk is ready for the fight

The billionaire has already gotten ahead of any congressional action. On Oct. 21, Musk issued a warning to any Democrat planning to go after him.

“Live by the sword, die by the sword,” Musk wrote on X, replying to a post featuring Politico’s article. “Those who pick fights with me should understand that I will find out who is really pulling the strings and come for them, not just their puppets.”

Musk has poured nearly half a billion dollars into the 2026 election cycle, making him the largest disclosed donor in modern American history and one of the largest Republican- backers ever.

The billionaire has donated between $446 to $474 million into Republican groups. According to the New York Times, the largest sum, $216 million, went to his own super PAC, America PAC. At least $168 million has gone to the Senate Leadership Fund, a super PAC backing Senate Republicans, with the vast majority of that money going to Ken Paxton, the Republican nominee in Texas, a midterm battleground.

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Rinna Diamantakos Contributing Editor

Rinna Diamantakos is a contributing editor at Moneywise.com. A versatile journalist, she has experience as a writer, editor and producer. Her work has focused on politics, business and financial news.

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