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PoliticsπŸ‡ΊπŸ‡Έ5 sourcesΒ· 4 hours ago

Musk pours $276 million into GOP groups, setting 2026 donor mark

Why it matters: The new money lifts Musk's known 2025-26 federal giving to about $366 million, boosting Republicans before Thursday's FEC deadline.

Elon Musk gave more than $276 million to Republican groups since July, becoming the biggest known donor of the 2026 midterm cycle as the party fights to hold its majorities in Washington. The largest piece, $158 million, went to the Senate Leadership Fund, the main super PAC backing Republican Senate candidates. Musk also gave more than $76 million to America PAC, the group he founded in 2024, which has built voter-turnout operations in battleground Senate and House races. Additional donations included $20 million to the Congressional Leadership Fund and $10 million to the Republican Governors Association. The newly disclosed spending brings Musk's known federal political giving for the 2025-26 cycle to roughly $366 million, above the about $290 million he spent in the 2024 election.

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Musk pours $276 million into GOP groups, setting 2026 donor mark β€” Veloxia Global News