Musk spends $276m backing Republicans in midterms — Report

Tech billionaire Elon Musk has reportedly contributed $276 million to organizations boosting the campaigns of right-wing American candidates ahead of the upcoming midterm elections. According to reports from Live Mint, The Korea Times, and New Straits Times, this sum has been contributed since July and likely makes Musk the largest single donor for the November 3 elections.

Musk has spent a total of $366 million during this election cycle, which began January 1, 2025, according to Live Mint. The largest recipient of these funds was the Republican Senate Leadership Fund, which received $158 million to help maintain the party's control of the upper house of Congress. Live Mint further notes that $20 million went to the Congressional Leadership Fund and $10 million went to the Lone Star Liberty PA.

The Korea Times and New Straits Times identify Musk as the world's richest man and the boss of SpaceX and Tesla. These reports also note that Musk contributed $290 million in 2024 to assist Donald Trump's reelection.

Brief written by urgent.news from Punch Nigeria, Punch, Live Mint, The Korea Times, New Straits Times — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.