Elon Musk Is Spending More Than $275 Million on the Midterm Elections. Did We Always Have This Much Money in Politics—And Is This Even Legal?
Since July, trillionaire Elon Musk has spent $276 million dollars on the upcoming midterm elections , according to the New York Times . He directed that astonishing amount of money to both his super political action committee (PAC) and Republican groups in a bid to stave off what is expected to be major losses for the party this fall. Much of this money, about $158 million, went to the Senate Leadership Fund in an effort to maintain a majority in that chamber of Congress. Another big outlay, $76 million, went to Musk’s super PAC, which will spend the cash on canvassing for candidates in seven Senate races and dozens of House ones. And that’s just since July. All in all, he has spent roughly $366 million dollars on the 2025–2026 election cycle. This isn’t the first time Musk has made influential campaign contributions either. He spent more than $290 million on the 2024 election, according to Federal Election Commission (FEC) filings—more than any other...