Elon Musk spent $276 million to boost Republicans in midterms

Economic Times - Oct 13, 2026

Tech billionaire Elon Musk has invested $276 million in right-wing organizations for the upcoming midterm elections. This significant contribution makes him the largest individual donor for the November elections. His total spending for this election cycle amounts to $366 million, with various recipients benefitting from his donations. Major recipients include the Republican Senate Leadership Fund and Musk’s own America PAC.

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