Business

Elon Musk's Record Midterm Election Spending

Updated 2026-10-12 21:25 UTC 1 source Neutral

Tesla and SpaceX CEO Elon Musk has become the biggest known donor to Republican groups for the 2026 midterms, contributing $276 million. This move is seen as part of his efforts to rebuild ties with President Trump.

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CNBC

Elon Musk gives $276 million to Republican groups, becomes biggest known 2026 midterm donor

Musk’s record midterm election spending comes as the Tesla and SpaceX CEO rebuilds his relationship with Trump and has business ties to the federal government.

2026-10-12 21:17 UTC