
Despite earlier claims of dialing back political spending, the billionaire has funneled hundreds of millions into Republican groups for the 2026 midterms.
Elon Musk has spent $366 million for the 2026 election cycle, including $276 million to Republican groups and super PACs since July, making him the biggest known donor ahead of the November midterms.
AI-generated summary
Elon Musk previously spent heavily on Donald Trump's 2024 campaign, briefly served in the Trump administration, and later stepped down amid policy disputes.
Elon Musk, the worldâs richest man who also spent more than $250 million for President Donald Trumpâs re-election campaign, said in May last year that he planned âa lot lessâ in political spending for future electionsâincluding the upcoming midterms. But newly disclosed donations to Republican groups have since made him the biggest known donor ahead of the November elections.
For the 2026 election cycle, which began in January 2025, the Tesla and SpaceX CEO has already spent $366 millionâof which more than $276 million went to Republican groups and his super PAC since Julyâaccording to new reporting by the New York Times and Reuters. Representatives for Musk gave the media outlets data on his political largess ahead of the Thursday deadline when many super PACs must disclose their third-quarter spending.
Of the $276 million, $158 million reportedly went to the Senate Leadership Fund, a super PAC tasked with helping Republicans maintain their majority in the chamber; it is one of the largest known political donations in history. Another $20 million went to the Congressional Leadership Fund, which was set up to re-elect House Republicans aligned with House Speaker Mike Johnson of Louisiana.
Other conservative groups also received funds from the U.S.âs most high-profile billionaire. The Lone Star Liberty PAC, which backs Texas Attorney General Ken Paxtonâs campaign for the U.S. Senate, received $10 million. Paxton, a Trump-backed Republican, is in a tight race with Democratic state lawmaker James Talarico.
Another $10 million went to the Republican Governors Association, and $2 million to the Republican Attorneys General Association. The Times also reported that Musk has donated more money through groups that have not disclosed their donors.
Muskâs donations signal his commitment to the political right and improving his relationship with Trump and the GOP after a public falling out with the President last year and threat to create a third political party. Republicans are looking to defend their majorities in Congress this November, but the task has appeared much harder as Democrats have made major gains among voters disgruntled by Trumpâs policies.
At a 2015 Vanity Fair event, Musk said he would âget involved in politics as little as possible,â adding that he spends only a nominal amount for his business interests. Federal Election Commission records show that in 2015, Musk donated $5,000 to Hillary Clintonâs campaign, and another $5,000 to the Democratic Congressional Campaign Committee.
But Musk shifted in 2017: his donations began to lean Republican, and he spent nearly seven times more on GOP campaigns than Democratic ones. In 2018, amid reports that he donated a large sum to a Republican House PAC, Musk posted on then-Twitter that he was ânot a top donor to any political party.â Musk took over Twitter in 2022, reinstated Trumpâs account, and, months later, rebranded it as X.
Since then, heâs continued to court the GOP through financing election efforts. During the 2024 election cycle, he created America PAC, though Musk denied reports at the time that he was donating as much as $45 million a month to boost Trumpâs election campaign. Heâs also targeted swing-state voters, even saying that he would give out a legally questionable $1 million prize to registered voters in a bid to boost turnout.
On an X livestream during the 2024 election, Musk said that America PAC âis going to keep going after this election, and prepare for the midterms and any intermediate elections.â
Musk then took a brief role in the Trump Administration as a special adviser to the President and led the so-called Department of Government Efficiency to reduce federal spending. He oversaw a government restructuring effort that disrupted services, eliminated hundreds of thousands of federal jobs, and led to numerous legal battles. As Musk officially stepped down in May 2025 amid a spat with Trump, he said that he thought he had âdone enoughâ of political spending. But he included a caveat: âIf I see a reason to do political spending in the future, I will do it. I do not currently see a reason.â
In 2025, Musk apparently saw a reason to channel more funds into political causes, namely midterm primary elections. He first threatened to help defeat lawmakers who voted for the Trump Administrationâs gargantuan spending bill, vowing that he would help make them lose their primaries âif it is the last thing I do on this Earth.â Musk even suggested he would support Rep. Thomas Massie (R, Ky.), a vocal Trump critic, in his reelection campaign. (Massie would later lose the primary.)
AI outlook â possibilities, not facts
Super PACs will disclose third-quarter spending data ahead of the Thursday deadline.
Very likely ¡ Within days

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Elon Musk has spent $366 million since last year to support Republican candidates in the US midterm elections, including $276 million since July, making him the largest single donor this year. His spending, channeled through America PAC, aims to counter Democratic efforts to gain control of Congress amid voter dissatisfaction with Trump's presidency and economic concerns.