Elon Musk has poured $276 million into Republican midterm campaigns to protect his vast government contracts and executive oversight role.
NEW YORK, Oct 12 (Reuters) - Elon Musk has spent roughly $366 million in the 2026 US midterm election cycle so far, $276 million of it since July to help Republicans retain control of Congress, even as Democrats' chances of retaking the US House and Senate have improved.
Musk's largess, which was reported earlier by the New York Times, makes the world's richest person likely the single-biggest political donor in this year's races, according to campaign finance records.
There is a lot at stake for Musk with Democrats in the US House of Representatives calling for investigations into his government contracts as CEO of aerospace company SpaceX as well as his work running the Department of Government Efficiency under President Donald Trump.