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索罗斯对上马斯克!美国这场州法官竞选,成为明年市场风向标?

Soros is up against Musk! Will this election for state judges in the USA become the market barometer for next year?

wallstreetcn ·  Mar 16 06:40

In the Wisconsin Supreme Court election, liberal judge Susan Crawford is in fierce competition with Republican Brad Schimel. Musk has invested nearly $6.2 million to support Schimel, while Soros has donated $1 million to Crawford's campaign. This election has attracted attention due to the massive investments from both sides, and the outcome may influence the House elections in 2026.

In the Wisconsin Supreme Court race, Musk and Soros are investing huge amounts of money to compete!

It is reported that there will be a campaign debate next Wednesday in the Wisconsin Supreme Court. This campaign is between liberal judge Susan Crawford and Republican Brad Schimel, and although it is not officially a partisan struggle, both parties have invested significant resources.

Musk is the largest individual donor in this campaign, contributing nearly 6.2 million dollars through his USA political action committee, while Soros donated 1 million dollars to Crawford's campaign.

This campaign is expected to become the most expensive judicial race in USA history, with costs potentially exceeding 55 million dollars spent in the 2023 Wisconsin Supreme Court race.

The Wisconsin race is significant because Trump won the state by a narrow margin in November. The election results in the state will have a substantial impact on abortion rights and the fate of union organizations, and could influence the composition of two congressional districts controlled by the Republican Party, which may be crucial for the Democrats to win the House elections in 2026.

With Musk making a 'heavy bet', will the Democrats' 'anti-Musk' strategy be effective?

Musk is the largest individual donor in this campaign, contributing nearly 6.2 million dollars through his USA political action committee. Additionally, a nonprofit organization associated with him, Building America's Future, has already spent or reserved 6.3 million dollars for advertising in Wisconsin.

The main reason is that the outcome of this election is closely related to Musk's economic interests. Tesla is challenging Wisconsin's 'factory store' law, which prohibits manufacturers from owning dealerships. If Schimel is elected, Musk may attempt to influence the outcome of this case through the courts.

On the Republican side, packaging supply company Richard and Elizabeth Uihlein have also provided significant funding to Schimel, donating 1.3 million USD to help him, and their super PAC has spent or reserved 2.5 million USD in advertising expenses.

Led by Soros, the Democrats have invested significant funds to support Crawford, including 1 million USD from financier Soros, 0.5 million USD from Illinois Governor JB Pritzker, and 0.25 million USD from LinkedIn co-founder Reid Hoffman.

It is noteworthy that as Musk leads Trump's efforts to cut federal employees and spending, he is increasingly unpopular among Democrats and independent voters. The Democrats want to use Musk as a 'Weapon' in an attempt to gain an advantage in the upcoming Wisconsin Supreme Court election. The Democratic campaign advertisements have highlighted Musk's negative image, portraying him as a political villain, and have organized protests against him.

Crawford also mentioned Musk multiple times in the debate, even calling her opponent 'Elon Schimel'. She believes Musk's involvement is not beneficial to her candidacy or Wisconsin voters.

Editor/Somer

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.