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Tech-Backed PACs and Trump’s MAGA Inc. Enter 2026 With Huge War Chests

New FEC filings show a small set of outside groups with nine‑figure reserves poised to shape primaries and regulatory debates.

Overview

  • Pro‑crypto outfits led by Fairshake and allied groups entered 2026 with roughly $193–$194 million in cash, according to new Federal Election Commission reports.
  • MAGA Inc., the president’s main allied super PAC, closed 2025 with about $304 million, while the Senate Leadership Fund reported $100 million and the Congressional Leadership Fund $54.5 million.
  • Leading the Future, the pro‑AI super PAC, raised just over $50 million late in 2025, ended with approximately $39–$50 million on hand, and has moved to influence House primaries in New York and Texas.
  • United Democracy Project, bolstered by a $30 million transfer from AIPAC, raised $61.6 million in the second half of 2025 and began 2026 with nearly $96 million, including activity in New Jersey’s 11th District special election.
  • Filings highlight mega‑donor muscle, with Elon Musk giving $5 million each to the top GOP congressional PACs and $2.9 million to his America PAC, as Democratic committees trail the GOP overall with the DNC nearly $100 million behind the RNC.