Musk gives $446 million to 2026 US midterms, a modern record
The gist
Billionaire Elon Musk has spent $446 million of his personal fortune on the 2026 US midterms.
The total makes him the largest individual donor in modern American political history.
How it unfolded
- 2024 -2025Musk spent at least $250 million on getting President Trump back in the White House and handed out million-dollar checks to Wisconsin voters.
- 2025Musk said he would spend "a lot less" on future campaigns because "I've done enough."
- 2026 -07Musk rebooted his PAC; since then he has given $355 million, an average of $3.6 million a day.