Elon Musk spends over 276 million dollars on Republican midterm campaign

Elon Musk has contributed hundreds of millions of dollars to Republican groups since July 2026, making him the top donor for the upcoming US midterm elections. CNBC, The Verge, and Reuters reported that the Tesla and SpaceX chief executive spent more than 276 million dollars on the effort, while Al Jazeera put the figure at 366 million dollars. [1][2][7][8]

The majority of the funding was directed toward securing a Republican majority in Congress. CNBC and The Verge reported that 158 million dollars went directly to the Senate Leadership Fund, which is the primary super PAC supporting Republican candidates in Senate races. [1][2]

The political spending occurs as Musk rebuilds his relationship with US President Donald Trump while maintaining extensive government business connections. Musk became the wealthiest person in the world in 2025 and reached a estimated net worth of 1.1 trillion dollars in October 2026. [1][10]

Separately, Musk drew criticism over the weekend after suggesting on social media that users should take a photo of their credit card and share it with his Grok artificial intelligence chatbot to let the assistant make online purchases. Mashable and Wired reported that Musk attempted to demonstrate the feature by sharing a screenshot of a Lego Star Wars order, which inadvertently exposed his billing address, order number, and credit card digits to followers. [3][4]