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Musk jumps back into political fray with big midterm donations

Elon Musk donated $35 million to GOP super PACs and pro-Trump groups, boosting key Republican fundraising ahead of the 2026 midterms, including $10 million for a Kentucky Senate race.

  • This month, Elon Musk, CEO of Tesla and SpaceX, re-emerged as a major Republican donor, with filings showing at least $20 million in contributions to super PACs aligned with House and Senate GOP leadership.
  • Following in 2025 he would cut back, Musk reversed course after Trump praised him last month, and allies said relations improved.
  • By late June Musk gave $5 million apiece to super PACs tied to Republican leadership and another $5 million to MAGA Inc., and this month he added $10 million to a super PAC supporting Nate Morris in Kentucky.
  • Those infusions lifted the Senate Leadership Fund's cash-on-hand to $100 million and the House fund's to $54 million, analysts say Musk could again be decisive in controlling Congress.
  • Last week Musk entered the U.S. voting debate, with the U.S. Justice Department referencing him in material related to Jeffrey Epstein, which Musk denies, while X platform and Grok chatbot face regulatory scrutiny.
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Musk Drops $20M-Plus on GOP, Adds $10M in Kentucky

·Washington, United States
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  • 40% of the sources lean Left, 40% of the sources are Center
40% Center

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Portfolio broke the news in on Sunday, February 8, 2026.
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