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6d ago

Musk Tops GOP Super PAC Donations as Trump’s MAGA Inc. Nears $200 Million War Chest

His June 27 gifts of $5 million each solidified him as the largest individual contributor to Senate and House GOP super PACs ahead of the midterms with no sign that his pledged America Party has launched

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.
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC.

Overview

  • On June 27, Musk donated $5 million each to the Senate Leadership Fund, the Congressional Leadership Fund and MAGA Inc., making him the top individual donor to both super PACs in the first half of 2025.
  • FEC filings show he provided $45.3 million to his own America PAC through June, funding canvassing, digital ads and voter outreach in state and special elections.
  • Despite announcing plans days after his June 27 contributions, Musk’s America Party has yet to file any FEC documentation or undertake visible organizing.
  • MAGA Inc. raised $177 million in the first half of 2025 and entered July with nearly $200 million in cash to influence Republican congressional races for the 2026 midterms.
  • The influx of mega-donor funds from Musk and other tech and crypto leaders highlights the expanding role of billionaire-driven super PAC spending under current election finance rules.