Elon Musk has contributed about $90.6 million to the 2026 midterm elections through Sept. 25, according to a CNBC analysis of Federal Election Commission records published Oct. 8, including more than $50 million to America PAC, the super PAC he funded in 2024. Seventeen months earlier, on May 20, 2025, he said he would do much less of this.
The remark came in an interview with Bloomberg's Mishal Husain at the Qatar Economic Forum. “In terms of political spending, I'm going to do a lot less in the future. I think I've done enough,” Musk said. In the same answer, he added a qualifier: “If I see a reason to do political spending in the future, I will do it. I do not currently see a reason.” NPR, PBS, and NBC News carried both sentences at the time.
