Overview
- On June 27, Musk donated $5 million each to the Senate Leadership Fund, Congressional Leadership Fund and MAGA Inc., making him the largest individual contributor to all three in the first half of 2025.
- Federal Election Commission filings show MAGA Inc. entered July with nearly $200 million in cash available to shape Republican primaries and the 2026 midterm elections.
- America PAC, the super PAC overseen by Musk, received over $45 million of his personal funds by June 30, underscoring his deepening role in GOP fundraising.
- Musk’s simultaneous financial backing and public attacks on Trump’s “One Big Beautiful Bill” reflect a fractious relationship between the tech mogul and the president.
- Despite his July announcement to form an America Party, Musk has yet to file paperwork or take concrete steps, continuing instead to funnel resources into established GOP super PACs.