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MAGA Inc. Enters 2026 With Nearly $300 Million War Chest for Midterms

FEC disclosures detail a cash reserve driven by concentrated mega-donations from tech, crypto, finance figures.

Overview

  • The Trump-aligned super PAC raised about $102 million from July 1 to Dec. 22, 2025, bringing cash on hand to roughly $294 million, filings show.
  • Nearly half of the haul came from three donors: OpenAI’s Greg Brockman ($25 million), Foris DAX/Crypto.com ($20 million), and investor Konstantin Sokolov ($11 million).
  • Other notable gifts included $5 million from Blackstone CEO Stephen Schwarzman, plus $1 million each from Juul Labs and NASA administrator Jared Isaacman.
  • A MAGA Inc. spokesperson said the group finished 2025 with $304.3 million and plans to fund candidates who support Trump’s agenda in the 2026 contests.
  • Reporting points to donor-business ties drawing scrutiny and to internal GOP worries that Trump-centered fundraising could siphon money from party committees, even as the PAC has recently spent to help Matt Van Epps win a Tennessee special election.