Overview
- New Federal Election Commission records show MAGA Inc. raised more than $102 million from July 1 to December 22, 2025 and reported over $294 million in cash on hand.
- A spokesperson said the super PAC finished the year with about $304.3 million and plans to deploy the money to back candidates aligned with President Trump’s agenda in the 2026 midterms.
- Top contributions in the period included $25 million from OpenAI co-founder Greg Brockman, $20 million from Foris DAX Inc. tied to Crypto.com, and $11 million from investor Konstantin Sokolov.
- Other notable donors included Blackstone’s Stephen Schwarzman at $5 million, e-cigarette maker Juul Labs at $1 million, and NASA Administrator Jared Isaacman at $1 million, with 25 donations of $1 million or more recorded.
- Reporting has raised scrutiny of donor ties to government actions, citing Juul’s FDA authorization preceding its gift and contributions linked to a banker’s family during a DOJ plea decision, while some Republicans warn the fundraising could siphon money from party committees.