Elon Musk has donated over $276 million to Republican midterm efforts

October 12, 2026 Jess Weatherbed

Elon Musk and Donald Trump, superimposed over static
So much for doing less political spending. | Image: Cath Virginia / The Verge, Getty Images

Elon Musk has handed out at least $276 million to Republican groups since July, The New York Times reports, making him both the party's top known donor and the biggest established midterm donor. $158 million of that money - one of the largest political donations in American history - has been funneled into the Senate Leadership Fund, the main super PAC that aims to secure and maintain a Republican Senate majority. Among others, it's fighting to retain the party's Senate seat in Texas, which serves as a major hub for Musk's business empire.

He's also donated over $76 million to America PAC, a super PAC Musk founded in 2024 that canvasses for …

Read the full story at The Verge.

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