Elon Musk has given more than $276 million to Republican midterm efforts, making him the largest known donor to those campaigns. The total covers his giving to federal committees across the 2025-26 election cycle, which comes to roughly $366 million. That figure is well above the $290 million he spent in 2024 to help President Trump return to office.
A large share of the money has gone to America PAC, a super PAC Musk founded in 2024 that canvasses for Republican voters who are otherwise hard to reach. His donations to that group exceed $76 million. He has also directed smaller amounts to other conservative organizations.
The scale of Musk's spending sits uneasily with his own public statements about pulling back from political giving. He said in May last year that he would do a lot less political spending in the future, after having pledged during the 2024 cycle to spend around $45 million a month. So far he has not stuck to that promise.
Musk's spending matters for US technology policy because it lands as Republicans contest midterm races and as federal committees weigh issues that touch his businesses. America PAC's canvassing operation is aimed at voters the party has found difficult to reach, an effort funded almost entirely by Musk's own money.
The $366 million total for the 2025-26 cycle already outpaces what he gave in 2024, when his spending helped put Trump back in the White House. His $290 million outlay that year was itself among the largest single-donor efforts in a presidential cycle.
The new figures put Musk far ahead of other known midterm donors. No other individual or group has been identified as giving at that level to Republican midterm efforts. Smaller sums have flowed from Musk to other conservative groups, though the source did not detail those amounts.
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