Elon Musk is expected to back the GOP in next year’s midterms with a financial package that could give the Republican Party a “huge boost.”

Insiders speaking to Axios claim the Tesla CEO could offer his support to Donald Trump and the Republican Party at the 2026 election, despite previously saying he would create a third party. Musk had enjoyed a close relationship with the Trump administration at the start of this year, though it soon soured. The president and Musk were spotted dining together alongside Cristiano Ronaldo recently, and it appears their relationship has been mended, Axios reported.

It appears the dinner did wonders for how Musk feels about the GOP and Trump, with insiders suggesting the money donated to the party’s election efforts could be a massive aid.