Elon Musk has quietly funneled more than $276 million into Republican groups and his own super PAC since the start of July, the New York Times reports. This massive injection of capital marks him as the largest known donor in the midterm elections, a move intended to bolster the Republican Party as it faces significant headwinds.
These figures, which were previously unreported, were supplied by representatives for Musk before a federal filing deadline on Thursday. While he previously claimed in May 2025 that he would do a lot less in terms of political spending, this new wave of funding suggests he is positioning himself as a major player for the 2028 presidential election as well.