Musk pours at least $276M into Republican coffers ahead of US midterms

Elon Musk, CEO of Tesla, donated at least $276 million to Republican causes in the third quarter alone ahead of the US midterm elections, new filings show.

Politico, citing an analysis of Federal Election Commission (FEC) data, reported Thursday (local time) that Musk was the single largest political donor in this election cycle.

In the third quarter, Musk contributed $158 million to the Senate Leadership Fund, a super PAC supporting the Republican Senate majority.

The group directed those funds toward organizations backing Ken Paxton, the Republican candidate running for a Texas Senate seat.

Musk also gave $10 million to Lone Star Liberty PAC, a super PAC supporting Paxton, and $20 million to the House Leadership Fund, a super PAC backing the Republican House majority.

He contributed more than $88 million to America PAC, which was created during the 2024 presidential election to support Donald Trump.

America PAC has been channeling funds this year into advertising and ground-level campaign operations for Republican candidates across the country.

Musk clashed with Trump last year but has since repaired his relationship with the White House.

Beyond Musk, other major Republican donors have also poured large sums into the midterm cycle.

The Democratic Party has its own big-money donors, but their disclosed contributions fall short of those on the Republican side.