> That’s what the Musks of this world can still do after you get rid of super PACs.

I don't think so, political add spend counts towards personal spending afaik.

AFAICT the distinction is if it is “in coordination” with a campaign. Same with PACs. Your super PAC can’t coordinate with a campaign. It’s part of what differentiates them and why they can raise unlimited money.

All he has to do is spend the money himself, as a private, real person, without any coordination with a campaign, and he can spend as much as he likes.