Musk Is 2026's Biggest Donor With $366 Million Midterm Spend

Elon Musk has funneled about $366 million into 2026 midterm groups and campaigns, making him the cycle's biggest donor. The total exceeds the nearly $300 million he gave to Donald Trump's 2024 re-election. Most spending backs Republicans seeking to retain control of Congress. The size gives one donor unusual leverage over the battle for Congress.