00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk has spent more than $276 million on Republican groups since July,
00:08making him the biggest known donor of the 2026 midterm elections, according to CNBC.
00:13The Tesla and SpaceX CEO gave $158 million to the Senate Leadership Fund
00:18and more than $76 million to his America PAC.
00:21Musk founded the America PAC during the 2024 election,
00:25and the group has since built a large voter turnout operation in competitive Senate and House races.
00:30Musk's known federal political contributions for the 2025 to 2026 election cycle
00:35now total roughly $366 million, surpassing the approximately $290 million
00:40he spent during the 2024 presidential election.
00:43His $158 million donation to the Senate Leadership Fund
00:47ranks among the largest known individual political contributions in U.S. history.
00:51The spending marks a reversal from May 2025, when Musk said he planned to spend less on politics.
00:57For all things money, visit Benzinga.com.
