Can Elon Musk’s millions save the Republicans in November?
Despite once promising he’d dial back his campaign contributions, the tech billionaire remains one of the GOP’s top donors Elon Musk has quietly forked out more than $400 million to Republican organizations since July, making him the largest known donor of the 2026 midterm elections.
But can money alone buy the midterms? The windfall represents a change in tune from May 2025, when Musk, in the middle of a political feud with President Donald Trump, grumbled, “In terms of political spending, I’m going to do a lot less in the future.” The donations come at a critical time for the Republicans who are struggling in the popularity polls amid a sluggish economy, political infighting, and an on-again, off-again war with Iran, a potential quagmire that has the MAGA crowd furious.
Nevertheless, the slush fund is helping Republicans, who currently control both the House of Representatives and the Senate as part of the 119th United States Congress, to purchase pricey late-campaign advertising.
Meanwhile, the Democrats have no billionaires in their corner who can match Musk’s financial power.
The biggest Musk payout was awarded to the Senate Leadership Fund, the primary super PAC that supports Republican Senate candidates.
Musk lavished the organization with nearly $200 million over the summer, which was a quarterly record for one donor at the group and more than its Democratic counterpart raised from all sources in the same quarter.
Read more US threatens EU with ‘devastating’ retaliation over Starlink restrictions At the same time, America PAC, the political action committee which Musk founded in 2024, got around $75 million from him over the same period.
His federal committee contributions for the 2025-26 cycle now total around $400 million, including $90 million given before July.
Musk previously gave around $290 million during the 2023-24 cycle.
America PAC spends most of its midterm budget on door-to-door canvassing and intensive field operations.
PAC officials said nearly 3,000 paid canvassers worked across the country last month, and knocked on 6.5 million doors in seven Senate battlegrounds and nearly three dozen House races.
The mission focuses on registering and turning out conservative voters, especially those who vote irregularly, a more difficult objective in a midterm year without Trump leading the ballot.
The PAC’s messaging focuses on socialism and transgender policy, hot button topics for their Democratic rivals.
Its canvassers are focusing on connections between Democratic candidates to New York Mayor Zohran Mamdani and Rep.
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