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Musk spends roughly $366 million to support Republicans in 2026 midterms

Elon Musk’s spending on the 2026 midterms includes $276 million since July, as he seeks to keep Congress under Republican control.

Musk spends roughly $366 million to support Republicans in 2026 midterms
Photo: illustrative photo · Cyprus Inform

Washington, United States. Elon Musk has spent approximately $366 million on the 2026 midterms, including $276 million since July, to help Republicans maintain their congressional majorities. A spokesman for his super PAC, America PAC, confirmed the spending.


Donations and congressional prospects

Campaign finance records indicate that Musk, the world’s wealthiest person, is likely the largest individual political donor in this year’s contests. The New York Times previously reported his spending.

His support for Republicans comes as Democrats’ prospects of winning back both the US House and Senate have improved.

Democrats seek investigations

The election outcome carries significant stakes for Musk. House Democrats have called for investigations into his government contracts as chief executive of aerospace company SpaceX (SPCX.O), along with his leadership of the Department of Government Efficiency under President Donald Trump.

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