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3w ago

Elon Musk Becomes Top Donor to GOP Super PACs as MAGA Inc. Builds $200M War Chest

This latest round of contributions highlights Musk’s outsized influence on the 2026 midterms, with his America Party proposal yet to materialize.

Elon Musk shows off a shirt that says "DOGE" as he walks on the South Lawn of the white House after stepping off Marine One upon arrival to the White House, on March 9, 2025.

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.