Photo: Spencer Platt/Getty Images

Billionaire Mike Bloomberg plans to spend at least $100 million to help Joe Biden win Florida in November's election, the Washington Post reports.

Why it matters: Taking Florida would be close to a knockout blow by Biden, who could then win the election outright by retaining all the states that Hillary Clinton won in 2016 and defeating President Trump in one of the following swing states: Michigan, Pennsylvania, Wisconsin, North Carolina or Arizona.

The big picture: Cook Political Report on Thursday shifted its prediction for Florida from "leans Democratic" to "toss up," after a number of polls showed the race tightening. Some Biden advisers have expressed concern about his soft support among Hispanic voters, who make up more than 20% of the electorate in Florida.

Between the lines: Bloomberg's aim is to encourage enough early voting to "give lie to what we expect to be Trump’s election night messaging that Democrats are stealing the election, because unlike other battleground states, Florida counts its absentee ballots on or by Election Day,” said Bloomberg adviser Howard Wolfson.

  • Hawkfish, a data and analytics firm funded by Bloomberg, told "Axios on HBO" that it's highly likely that Trump will appear to have won — potentially in a landslide — on election night, even if he ultimately loses when all the votes are counted. 
  • The group is trying to educate the public about the possibility of this so-called "red mirage" and sensitize state and county elections officials, news organizations, and the courts to the perils of premature results.

What they're saying: "Voting starts on Sept. 24 in Florida so the need to inject real capital in that state quickly is an urgent need,” Bloomberg adviser Kevin Sheekey told the Post. "Mike believes that by investing in Florida it will allow campaign resources and other Democratic resources to be used in other states, in particular the state of Pennsylvania."

Go deeper: Bloomberg pledges $60 million in bid to help Democrats retain House

Editor's note: This story has been corrected to show that Biden must win one swing state in addition to winning Florida and retaining the states Hillary Clinton won in order to reach 270 Electoral College votes.

Go deeper

The top Republicans who aren't voting for Trump in 2020

Photo: Brendan Smialowski/AFP via Getty Images

Maryland Gov. Larry Hogan said last week that he cannot support President Trump's re-election.

Why it matters: Hogan, a moderate governor in a blue state, joins other prominent Republicans who have publicly said they will either not vote for Trump's re-election this November or will back Biden.

67,000 felons registered to vote after Florida restored their rights

Illustration: Aïda Amer/Axios

67,000 people registered to vote after Florida restored voting rights to most felons in a 2018 ballot initiative, Politico reports.

Why it matters: Election results in the battleground state — which previously instituted a lifetime voting ban for people with felony convictions — could come down to these 67,000 votes. But the number still falls well short of the 1.4 million people that community organizers hoped to register.

20 hours ago - Politics & Policy

Voting rights activist: 800,000 Latino citizens turn 18 every year

Lydia Camarillo, president of the Southwest Voter Registration Education Project, said at an Axios virtual event on Tuesday that 800,000 Latino citizens turn 18 every year, meaning that there could be more than 3 million new registered voters in four years — not including naturalized citizens.

The big picture: The 2020 election marks the first time in history that Latinos will be the largest minority ethnic or racial group in the electorate, with 32 million eligible voters.