PoliticsBusiness & Enterprise3 min reading time

Musk’s midterm donations hit a record $474M, The New York Times reports

The Next Web
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Elon Musk donated a record $474 million to political groups during the 2026 midterm cycle, primarily supporting Republican candidates and super PACs, with significant funds directed to Texas Senate nominee Ken Paxton. This surpasses previous single-cycle donations except for wealthy candidates funding their own campaigns. Musk indicated he plans to reduce political spending in the future.

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