Overview

• On June 27, FEC records confirm Musk donated $5 million apiece to MAGA Inc., the Congressional Leadership Fund and the Senate Leadership Fund.
• The contributions follow Musk’s June 5 assertion that Trump was “in the Epstein files” and his swift retraction days later to smooth tensions.
• Musk threatened to challenge Republicans over the “One Big Beautiful Bill” spending package but instead bolstered their fundraising by backing the same super PACs.
• After announcing plans in early July to launch the America Party, Musk has filed no official paperwork or taken visible steps to establish the new political organization.
• The $15 million infusion builds on Musk’s broader political investments, which topped nearly $300 million in the 2024 cycle and includes over $45 million this year for his America PAC.