ADVERTISEMENT
The Republican has also framed the election as a choice between continuing Ohio’s conservative direction and returning control of the governor’s office to Democrats.
Tech billionaire and Department of Government Efficiency co-leader Elon Musk has injected $5 million into a super PAC supporting Ramaswamy’s bid for governor of Ohio.
The Ohio Chamber of Commerce Political Action Committee endorsed him this week, praising those exact priorities during a speech at Kimball Midwest.
Ramaswamy has already demonstrated strong personal commitment by self-funding $25 million into his campaign — a record-setting move that helped drive total spending well past $28 million.
His campaign has poured resources into advertising and ground operations in what is shaping up to be one of the most expensive gubernatorial races in Ohio history.
New York financier Ross Stevens contributed another $5 million to the same group.
Ramaswamy and Musk share a history from their work on the federal Department of Government Efficiency, where they have been described as both friends and occasional rivals in the push to reduce waste and streamline operations.
Republicans’ fundraising advantage could grow even larger following the Supreme Court’s decision Tuesday, a ruling that comes as Democrats continue to face fundraising challenges ahead of the midterm elections.
Democrats contend that the court’s ruling, which allows political parties to coordinate more freely with candidates on campaign spending, could give Republicans a significant advantage by helping the GOP better compete in key battleground races where Democratic candidates have traditionally outraised their opponents.
ADVERTISEMENT