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Elon Musk becomes biggest political donor of US midterms cycle with $366m spent

Global Published 13 October 2026, 22:13 · archived 13 Oct 2026

Musk’s midterm donations, mostly for rightwing candidates and causes, surpass his contributions to Trump in 2024Elon Musk has become the biggest political donor of the 2026 US midterm elections cycle, funneling about $366m into political groups and campaigns as he backs conservative candidates and rightwing causes. The world’s richest person has poured more than $276m into politics since July alone, some of the most rapid political spending in US history. He’s targeting key races that will determine which party controls the US Senate.The New York Times first reported the spending numbers, whic...

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