NEW YORK: Elon Musk has spent roughly $366 million on the 2026 midterm elections so far, $276 million just since July, trying to help Republicans retain control of Congress, even as Democrats’ chances of retaking the US House and Senate have improved.
Musk’s largess, which was reported earlier by the New York Times, makes the world’s richest person likely the single-biggest political donor in this year’s races, according to campaign finance records. There is a lot at stake for Musk with House Democrats calling for investigations into his government contracts as CEO of aerospace company SpaceX as well as his work running the Department of Government Efficiency under President Donald Trump.
Here’s a breakdown of his political spending, which was confirmed by a spokesman for his super PAC America PAC. Musk has spent $366 million so far this election cycle, which began Jan 1, 2025.
Of that, Musk has donated at least $276 million to Republican groups and his own super PAC since July. Of the $276 million in third-quarter donations: $158 million went to the Senate Leadership Fund, the super PAC set up to help elect Republicans to the Senate that is aligned with Senate Majority Leader John Thune, a Republican from South Dakota. $20 million went to the Congressional Leadership Fund, the super PAC set up for House Republicans that is aligned with House Speaker Mike Johnson, a Louisiana Republican. $76 million went to Musk’s America PAC.
Published in Dawn, October 13th, 2026
