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Photo: Business Insider

Musk’s $445 Million Republican Push Falls Short

Musk, the world’s richest person, became the biggest donor of the midterm cycle, directing at least $445 million to Republican-aligned groups and candidates. His America PAC ran ads, sent mail and messages, and organized voter outreach in races across 17 states. The final total may be higher because some contributions were not included in available federal filings.

Texas was the largest focus of Musk’s spending. He put more than $200 million toward the state’s races, including $158 million to the Senate Leadership Fund, which transferred that amount to a group supporting Republican Ken Paxton. America PAC also spent more than $33 million opposing Democrat James Talarico.

Talarico defeated Paxton, becoming the first Democrat elected to represent Texas in the Senate since 1988. Democrat Gina Hinojosa also defeated Republican Governor Greg Abbott. Democrats won the Senate and House, while winning additional Senate seats across Iowa, Kansas, North Carolina, Ohio, South Carolina, plus Maine.

Musk had argued that Republican victories were important to prevent Democrats from gaining power in Washington. He also previously said he expected to reduce his political spending, but his 2026 contributions exceeded his reported 2024 total. The results leave his next major political opportunity in the 2028 presidential primaries.

Reported by Business Insider, Daily Mail US, Newsweek, The Daily Beast, Raw Story, .

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